Monday, 12 February 2018

Good Morning!

US equities ended a wild week where there was a bit of buying seen towards the end that pushed the indices up, but still recorded their worst week in two years with investors looking forward for markets to continue being volatile.
Asian markets were mixed early on Monday while oil prices edged up after recording six straight days of declines.
The Dollar index recorded its strongest week in almost 15 months. Inflation readings from the U.S., UK, and Germany along with world’s leading central banks’ actions on easy policies will be driving the index this week.
The Indian unit is seen opening around 64.35 with expectations to play the 64.20-64.50 range for the day.

No comments:

Post a Comment

Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.