Tag Archives: USD/INR
Kings of the Market
The ‘kings of the market’ that we believe dominate current price action are the expansion of equity multiples coming from the repricing of (especially US)
The Global Macro Pulse
A surprise rise in China’s official PMI to 50.3 in July from 50.1 in June has pushed Asian equity markets higher.
The Global Macro Pulse
Most equity markets opened lower ahead of the FOMC with the exception of Chinese shares, which rallied on the back of the China Politburo’s statement overnight.
The Global Macro Pulse
AUDUSD fell from 0.92 to 0.9077 in response to dovish comments from RBA Governor Stevens in a speech and subsequent Q&A today.
Asian FX Update
CHINA FLASH PMI SUGGESTS DOWNSIDE TO OFFICIAL NUMBER • A sub‐50 print looks well within the realm of possibility for China’s official July manufacturing PMI after the ‘flash’.
The Global Macro Pulse
The dollar majors have been surprisingly subdued given the China PMI. AUDUSD is down only 0.4% from its Asia open to 0.9263 despite the China number and
India – shock therapy…
The RBI has announced measures to dampen speculative positioning interest for a weaker INR.
Asian FX Update
INDIA ENACTS MEASURES TO EASE RUPEE STRAIN • India attempts to tighten monetary conditions in order to ease pressure on the rupee.
Catering to the US and China consumer
Global factors – the direction of the UST and trend dollar strength – should continue to drive the level of EM asset prices in the coming weeks.
The Emerging Markets Weekly: A bumpy transition
As we opined in our Emerging Markets Quarterly, 18 June 2013, EM has entered a transition period to an environment of less ample global liquidity,
FX Quick Charts: Flight from the INR
We highlight longer-term upside levels for USD/INR and points of vulnerability in the NIFTY equity index.
Asian FX Update
ASIAN CREDIT SELL‐OFF SPEAKS VOLUMES: SELL ASIAN FX • Asian credit weakness depicts a shift driven by Fed expectations, now rippling through Asian FX.