U.S. 10-year Treasury yields sank below 1.5% as traders - Geojit Financial Services
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* U.S. 10-year Treasury yields sank below 1.5% as traders looked past strong jobs data in the world’s largest economy and priced an extended period of ultra-low central bank rates.
* India brace for blockbuster IPOs this week.
* OPEC+ agrees to stick to oil production plan, defying US pressure.
* Oil rises, Gold firm.
OUTLOOK - USDINR
Ongoing downmove is likely to prevail, but expect a bounce back earlier today. If such upmoves fail to clear 74.45, expect 73.9 in the next few days.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory