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Angel Broking Pvt Ltd

Published on 19/07/2019 10:07:00 AM

GBP

GBP increased against USD by 0.23 percent yesterday while GBPINR depreciated by 0.5 percent.

PM candidates Boris Johnson and Jeremy Hunt, both said that the Irish backstop is “dead” adding that they will take it away from any future negotiation with the EU. European politicians have repeatedly said that they won’t renegotiate the withdrawal deal, hence, fears of a hard-Brexit increased. CPI from UK came in line with market expectations at 2 percent for June’19. Meanwhile, retail sales data from US came in at 1 percent for June’19 against market expectations of 0.3 percent.

GBPINR is expected to appreciate in today’s session.

Click Here- https://bit.ly/2xWGzzu

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Angel Broking Pvt Ltd

Published on 19/07/2019 10:06:40 AM

Euro

EURUSD appreciated by 0.12 percent yesterday while EURINR depreciated by 0.25 percent during the same time frame.

The EU released an update on inflation with June CPI in the Union up by 0.2% MoM and by 1.3% YoY, surpassing the market’s expectations. The core readings also ticked higher but held anyway below the ECB’s target. Meanwhile, German economic sentiment data came in at -24.5 against market expectations of –22.1 for June’19.

EURINR is expected to appreciate in today’s session.

Click Here- https://bit.ly/2xWGzzu

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 19/07/2019 10:06:20 AM

Indian rupee

Indian Rupee depreciated by 0.03 percent yesterday while the Dollar decreased by 0.44 during the same time frame. Meanwhile, wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June. Trade deficit narrowed to $15.28 billion in June from $16.6 billion in the same month last year.

Federal Reserve Chair Jerome Powell reiterated a pledge to “act as appropriate” to keep the U.S. economy humming in a speech on Tuesday that validated expectations that an interest rate cut is on the way. Meanwhile, GDP data from China came in line with market expectations at 6.2 percent for second quarter. Retail sales data from US came in at 0.4 percent for June’19 against market expectations of 0.1 percent. Building permits data from US came in at 1.22M against market expectations of 1.3M for June’19.

USDINR is expected to move sideways in today’s session

Click Here- https://bit.ly/2xWGzzu

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 18/07/2019 9:37:58 AM

GBP

GBP increased against USD by 0.23 percent yesterday while GBPINR depreciated by 0.5 percent.

BOE signals that British banks hold enough capital to cope with a no deal Brexit and global trade war simultaneously. Meanwhile, PM candidates Boris Johnson and Jeremy Hunt, both said that the Irish backstop is “dead” adding that they will take it away from any future negotiation with the EU. European politicians have repeatedly said that they won’t renegotiate the withdrawal deal, hence, fears of a hard-Brexit increased. CPI from UK came in line with market expectations at 2 percent for June’19.

GBPINR is expected to appreciate in today’s session

Click Here- https://bit.ly/2JJT3jw

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 18/07/2019 9:37:47 AM

Euro

EURUSD appreciated by 0.12 percent yesterday while EURINR depreciated by 0.25 percent during the same time frame.

The EU released an update on inflation with June CPI in the Union up by 0.2% MoM and by 1.3% YoY, surpassing the market’s expectations. The core readings also ticked higher but held anyway below the ECB’s target. Meanwhile, German economic sentiment data came in at -24.5 against market expectations of –22.1 for June’19.

EURINR is expected to appreciate in today’s session.

Click Here- https://bit.ly/2JJT3jw

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 18/07/2019 9:37:14 AM

Indian rupee

Indian Rupee depreciated by 0.28 percent yesterday while the Dollar decreased by 0.18 during the same time frame. Meanwhile, wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June. Trade deficit narrowed to $15.28 billion in June from $16.6 billion in the same month last year.

Federal Reserve Chair Jerome Powell reiterated a pledge to “act as appropriate” to keep the U.S. economy humming in a speech on Tuesday that validated expectations that an interest rate cut is on the way. Meanwhile, CPI data from US came in at 0.1 percent for June’19 against market expectations of 0 percent. GDP data from China came in line with market expectations at 6.2 percent for second quarter. Retail sales data from US came in at 0.4 percent for June’19 against market expectations of 0.1 percent. Building permits data from US came in at 1.22M against market expectations of 1.3M for June’19.

USDINR is expected to move sideways in today’s session.

Click Here- https://bit.ly/2JJT3jw

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 17/07/2019 9:48:35 AM

GBP

GBP decreased against USD by 0.47 percent yesterday while GBPINR appreciated by 0.48 percent

BOE signals that British banks hold enough capital to cope with a no deal Brexit and global trade war simultaneously. Meanwhile, PM candidates Boris Johnson and Jeremy Hunt, both said that the Irish backstop is “dead” adding that they will take it away from any future negotiation with the EU. European politicians have repeatedly said that they won’t renegotiate the withdrawal deal, hence, fears of a hard-Brexit increased.

GBPINR is expected to appreciate in today’s session

Click Here- https://bit.ly/32wp4E7

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 17/07/2019 9:48:18 AM

Euro

EURUSD depreciated by 0.11 percent yesterday while EURINR appreciated by 0.47 percent during the same time frame.

ECB’s latest meeting accounts reminded speculative interest that the European Central Bank is also in the dovish path, as the document showed that policymakers are ready to ease further as appropriate, using all the available tools, including resuming asset repurchase program and cutting rates. Meanwhile, German economic sentiment data came in at -24.5 against market expectations of –22.1 for June’19.

EURINR is expected to appreciate in today’s session.

Click Here- https://bit.ly/32wp4E7

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx

Angel Broking Pvt Ltd

Published on 17/07/2019 9:48:01 AM

Indian rupee

Indian Rupee depreciated by 0.15 percent yesterday while the Dollar increased by 0.48 during the same time frame. Meanwhile, wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June. Trade deficit narrowed to $15.28 billion in June from $16.6 billion in the same month last year.

Federal Reserve Chair Jerome Powell reiterated a pledge to “act as appropriate” to keep the U.S. economy humming in a speech on Tuesday that validated expectations that an interest rate cut is on the way. Meanwhile, CPI data from US came in at 0.1 percent for June’19 against market expectations of 0 percent. GDP data from China came in line with market expectations at 6.2 percent for second quarter. Retail sales data from US came in at 0.4 percent for June’19 against market expectations of 0.1 percent.

USDINR is expected to move sideways in today’s session.

Click Here- https://bit.ly/32wp4E7

Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx
 

Angel Broking Pvt Ltd

Published on 16/07/2019 9:33:53 AM

GBP

GBP decreased against USD by 0.47 percent yesterday while GBPINR appreciated by 0.48 percent.

Ireland's finance minister Paschal Donohoe, who said that the prospect of a disorderly Brexit is now a "significant risk." Also, the Labour Party leader, Jeremy Corbyn, said that the upcoming UK PM should test his Brexit plan with a second referendum. Meanwhile, BOE signals that British banks hold enough capital to cope with a no deal Brexit and global trade war simultaneously.

GBPINR is expected to appreciate in today’s session.

Click Here- https://bit.ly/2SgXVk5

 Please refer disclaimer at http://www.angelsecurities.in/disclaimer.aspx