GLOBAL MARKETS ROUNDUP
Asian markets got off to a soggy start on Thursday as investors counted down to data on Chinese manufacturing, while diverging outlooks for interest rates sent the British pound soaring and tipped the Canadian dollar into a tailspin.
U.S. Treasuries prices fell on Wednesday and benchmark yields edged up from five-week lows, with prices dragged lower by weaker German government debt.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 21,337.67 (up 0.41 pct)
* NSE index 6,338.95 (up 0.4 pct)
* Rupee 61.8150/8250 per dlr (61.88/89)
* 10-year bond yield 8.61 pct (8.55 pct)
* 5-year OIS rate 8.21 pct (8.11 pct)
* 1-year OIS rate 8.34 pct (8.18 pct)
* Call money 6.85/6.90 pct (8.15/8.25 pct)
KEY FACTORS/EVENTS TO WATCH
Reserve Bank of India's Governor Raghuram Rajan scheduled to give an address at a school in New Delhi, his first public appearance since the central bank appointed panel recommended major shift in monetary policy in 15 years.
More detail about market please visit our website at http://www.marketmagnify.com/stock-cash-tips.php and also get a 2 days free trial.
Asian markets got off to a soggy start on Thursday as investors counted down to data on Chinese manufacturing, while diverging outlooks for interest rates sent the British pound soaring and tipped the Canadian dollar into a tailspin.
U.S. Treasuries prices fell on Wednesday and benchmark yields edged up from five-week lows, with prices dragged lower by weaker German government debt.
LOCAL MARKETS PREVIOUS CLOSE
* BSE index 21,337.67 (up 0.41 pct)
* NSE index 6,338.95 (up 0.4 pct)
* Rupee 61.8150/8250 per dlr (61.88/89)
* 10-year bond yield 8.61 pct (8.55 pct)
* 5-year OIS rate 8.21 pct (8.11 pct)
* 1-year OIS rate 8.34 pct (8.18 pct)
* Call money 6.85/6.90 pct (8.15/8.25 pct)
KEY FACTORS/EVENTS TO WATCH
Reserve Bank of India's Governor Raghuram Rajan scheduled to give an address at a school in New Delhi, his first public appearance since the central bank appointed panel recommended major shift in monetary policy in 15 years.
More detail about market please visit our website at http://www.marketmagnify.com/stock-cash-tips.php and also get a 2 days free trial.
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