MENU
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer

Kedia Commodities

Published on 24/01/2020 2:34:00 PM

KEDIA: EUR ZONE
Flash Manufacturing PMI
Actual: 47.8
Forecast: 46.9
Previous: 46.3
Flash Services PMI
Actual: 52.2
Forecast: 52.9
Previous: 52.8

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 1:50:59 PM

KEDIA: EUR ZONE

French Flash Services PMI
Actual: 51.7
Forecast: 52.2
Previous: 52.4
French Flash Manufacturing PMI
Actual: 51.0
Forecast: 50.6
Previous: 50.4

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 9:44:22 AM

 

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 9:15:25 AM

JPYINR

# JPYINR trading range for the day is 64.85-65.27.

# JPY gained amid weak export figures and fears about the mysterious virus in China.

# Japanese exports for December fell 6.3% in December as compared to a year before, data from country’s Ministry of Finance data showed.

# Japan's leading index fell than initially estimated in November, final data from the Cabinet Office showed.

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 9:14:38 AM

GBPINR

# GBPINR trading range for the day is 93.02-94.02.

# GBP remained supported as investors debated whether or not the Bank of England would cut interest rates when it meets next week.

# Data showed the British economy created jobs at its strongest rate in nearly a year in the three months to November.

# The U. K. government borrowing for December decreased from a year ago and was less than expected, figures from the Office for National Statistics showed.

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 9:14:06 AM

EURINR

# EURINR trading range for the day is 78.85-79.3.

# Euro remained in range as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy.

# European Central Bank President Christine Lagarde is set to launch a broad review of its policy that is likely to see her redefine the ECB's main goal and how to achieve it.

# The euro zone's central bank has fallen short of its inflation target of just under 2% for years despite increasingly aggressive stimulus measures

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 9:13:23 AM

Currency Update as on Friday, January 24, 2020

USDINR

# USDINR trading range for the day is 71.07-71.5.

# Rupee ended with losses as a new strain of coronavirus in China took a toll on risk appetite.

# Investors turned wary of US Trump decision to impose tariffs on EU's auto segment, bringing fears of a trade conflict emerging between the EU and the US.

# India’s annual retail inflation has accelerated to its highest level in more than five years, increasing the likelihood of an extended pause in the central bank’s rate cutting cycle.

(Disclaimer: https://bit.ly/2ziDavw)

Kedia Commodities

Published on 24/01/2020 9:01:12 AM

KEDIA: CURRENCY O/P UPDATE:

USDINR LOOK TO O/P UP TILL 71.36, EURINR O/P WEAK TILL 78.87, GBPINR O/P UP TILL 93.65 & JPYINR O/P UP TILL 65.19.

(Disclaimer: https://bit.ly/2ziDavw)