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Monday, June 28, 2010

Rupee at near 1-week high

Rupee strengthened to its highest in nearly a week on Monday, boosted by gains in the local sharemarket but traders would continue to watch the dollar's moves versus majors for direction.

Rupee was at 46.15/16 per dollar after touching 46.07, its highest since June 22 and 0.3 percent above its close of 46.27/28 on Friday.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 20
18:00 Fed's Waller speech 2
18:00 New Housing Price Index (MoM) 1 -0.2% -0.2% -0.4%
18:00 Raw Material Price Index 1 -0.4% -0.8% -3.3% Revised from -3.0%
18:00 Industrial Product Price (MoM) 1 -0.5% 0.0% -0.8%
n/a Fed Monetary Policy Report 2
22:30 Baker Hughes US Oil Rig Count 1 439
Sunday, Jun 22
22:45 Fed's Daly speech 2
Monday, Jun 23
04:30 S&P Global Services PMI 2 50.6
04:30 S&P Global Manufacturing PMI 2 51
04:30 S&P Global Composite PMI 2 50.5
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