Morning News Call - India, August 18



To access a PDF version of this newsletter, please click here Link

If you would like to receive this newsletter via email, please register at: Link

PROMOTION

LIVECHAT - REUTERS GLOBAL MARKETS FORUM

Claudia Sahm, founder of Stay-at-Home Macro (SAHM) Consulting, former Federal Reserve and White House economist speaks on U.S. inflation and Fed policy. To join this discussion at 7:30 PM IST, click here Link

INDIA TOP NEWS

• India eases Russian oil buying in July, boosts Saudi imports -trade

India's crude oil imports from Russia in July fell for the first time since March along with its overall purchase while supplies from Saudi Arabia rebounded for the first in five months, data obtained from trade and industry sources showed.

• India's Razorpay buys Ezetap to tap into offline payments

India's Razorpay said it had bought offline payments firm Ezetap, marking the Sequoia Capital-backed firm's latest bet on the payments industry in a deal which a source with knowledge of said was worth $150 million.

• Carlsberg wins arbitration case brought by venture partner in India

Carlsberg said on Wednesday it had won an arbitration case that was filed by its joint venture partner in India, following a row over the Danish brewer's business practices in the country.

• ONGC signs agreement with ExxonMobil for deepwater exploration in India

Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil for deepwater exploration in the country's East and West coasts.

• India's Akasa Air to add one aircraft every two weeks

India's Akasa Air said on Wednesday it would keep adding one new aircraft every two weeks after the country's newest budget carrier received its third plane.

• India's ReNew Power secures $1 billion loan from 12 global lenders

India's ReNew Power said on Wednesday it had secured a $1 billion loan from 12 international lenders, led by Dutch-based Rabobank, in the largest external commercial borrowing for a single project in the country's renewable sector.

GLOBAL TOP NEWS

• Fed minutes show more rate hikes in the pipeline, but pace could slow

Federal Reserve officials saw "little evidence" late last month that U.S. inflation pressures were easing, and steeled themselves to force the economy to slow down to control an ongoing surge in prices, according to the minutes of their July 26-27 policy meeting.

• U.S., Taiwan to start formal trade talks under new initiative

The United States and Taiwan on Wednesday agreed to start trade talks under a new initiative, saying they wanted to reach agreements with "economically meaningful outcomes", in another sign of stepped up U.S. support for the island.

• Sri Lanka c.bank holds rates steady; expects inflation to ease

The Central Bank of Sri Lanka (CBSL) kept its key rates steady on Thursday, as widely expected, as it awaits the impact of past hikes to trickle through the economy while a fall in global commodity prices is also expected to soothe domestic inflation.

LOCAL MARKETS OUTLOOK

• SGX Nifty nearest-month futures were trading 0.17% lower at 17,937.

GLOBAL MARKETS

• U.S. stocks closed lower on Wednesday, with indexes volatile after minutes from the Federal Reserve's meeting in July suggested policymakers may be less aggressive than previously thought when they raise interest rates in September.

• Asian shares tracked lower, in step with Wall Street's losses, as even the prospect of a less aggressive Federal Reserve has still set the U.S. central bank on a path for interest rates to stay higher for longer.

• The dollar was on the front foot after minutes from the Federal Reserve's July meeting pointed to U.S. interest rates staying higher for longer to bring down inflation.

• U.S. Treasury yields climbed on Wednesday on lingering inflation concerns even as some investors saw minutes of the U.S. Federal Reserve's July meeting reaffirming a less aggressive stance in the central bank's fight against rising prices.

• U.S. Treasury yields climbed on Wednesday on lingering inflation concerns even as some investors saw minutes of the U.S. Federal Reserve's July meeting reaffirming a less aggressive stance in the central bank's fight against rising prices.

• Gold prices rose, as the dollar and Treasury yields pulled back slightly after U.S. Federal Reserve minutes hinted policymakers may be less aggressive on future rate hikes.

CLOSE

FII INVESTMENTS EQUITIES

DEBT PNDF spot

79.43/79.45 August 17

14,623.35 crores (176.37) crores 10-yr bond yield 7.182%

Month-to-date

36,716 crores

1,571 crores

Year-to-date

(1,75,653) crores (15,355) crores

(FII investment numbers are in Indian rupees. Source: National Securities Depository Limited)

For additional data:

India govt bond market volumes

Stock market reports

Non-deliverable forwards data

Corporate debt stories

[IN CORPD]

Local market closing/intraday levels [IN SNAPSHOT]

Monthly inflows

[INFLOWS RTRS TABLE IN]

($1 = 79.3770 Indian rupees)

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示:您的資金存在風險。槓桿商品並不適合所有客戶。請詳細閱讀我們的風險聲明