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Currency
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The
rupee urja at an over 2 year low against the US dollar on Tuesday as
importers purchased the dollar persistently through the session. Banks
also demanded the dollar noting the weakness in domestic equities,
thereby pulling the rupee down further...Read more >>
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Oil |
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Indian
equities started the week lower and continued its slide tracking a fall
in global equities and concern over lack of progress on the Goods and
Services Tax (GST) bill in the Winter Session of the Parliament.Read more >>
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Gold |
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Gold
is poised for further declines as the FOMC policy decision inches
closer. Weakness in US Dollar led to gains in the gold prices mid-week,
though the rally is expected to be short-lived owing to the impending
Fed lift-off this month...Read more >>
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Global Update |
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US NFP: Labour market recovery paves way for Fed lift-off
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US
Non-farm payrolls (NFP) rose by 211K in November, higher than the
market consensus of 200K. The above 200K print for second consecutive
month indicates continued recovery in labour market
...Read more >>
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Indices
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December 4, 2015
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December 11, 2015
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Change
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Gold spot ($/ounce)
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1086.44
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1069.24
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-1.58%
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Brent (S/bbl)
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43.00
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39.54
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-8.05%
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WTI (S/bbl)
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39.97
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36.64
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-8.33%
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USD / INR
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66.69
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66.77
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-0.13%
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DXY Index
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98.35
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97.87
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-0.49%
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EUR USD
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1.0881
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1.0960
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0.73%
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Source- Bloomberg. values taken at 16:20 IST |
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| Sensex |
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| 25044.43 |
| -2.32% |
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During the week Sensex declined 2.32% to close at 25044.43 while Nifty declined 2.29% to close at 7607.45
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| Bond Yields |
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| 7.80% |
| 4 bps |
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The 10-year benchmark 7.72%, 2025 bond ended at 7.80% as compared to previous week’s close of 7.76%
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Source: ICICI Bank Research, Bloomberg and CRISIL.
Disclaimer:
The information set out herein has been prepared by ICICI Bank in good
faith and from sources deemed reliable. ICICI Bank does not provide any
assurance as regards the accuracy of such information. ICICI Bank does
not accept any responsibility for any errors whether caused by
negligence or otherwise or for any direct or indirect loss / claim/
damage caused to any person, arising out of or in relation to the use of
information communicated herein.
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