Commodity Report 29th January 2020 - Get Daily Commodity Research Reports

Currency pivot levels Currency pair Close Change (%) Resistance 1 Resistance 2 Pivot Support 1 Support2 USDINR 71.3675 -0.13 71.4583 71.5492 71.3642 71.2733 71.1792 EURINR 78.65 -0.21 78.7783 78.9067 78.6617 78.5333 78.4167 GBPINR 92.88 -0.7 93.2400 93.6000 93.0100 92.6500 92.4200 JPYINR 65.55 -0.12 65.6758 65.8017 65.5042 65.3783 65.2067   Cross-currency update Currency pair Close Change (%) Dollar index 97.96 0.02 EURUSD 1.1021 0.03 GBPUSD 1.3026 -0.23 USDJPY 109.12 0.21   USDINR 26 February 2020 expiry option update Options LTP Change (%) OI OI (Prev.) CE  72.50 0.09 -23.4 46269 22.07 CE 72.00 0.1975 -18.56 128100 6.27 CE 71.50 0.39 -15.22 99221 27.12 CE 71.00 0.6875 -11.29 121699 20.25 CE 70.50 1.08 -10.19 22533 134.87           PE 72.00 1.04 8.62 4105 67.83 PE 71.50 0.65 12.55 87129 6.71 PE 71.00 0.3475 13.01 44485 20.78 PE 70.50 0.15 13.21 99695 10.66 PE 70.00 0.05 0 49447 28.72 Note: Previous day’s movement in option activities RBI reference rate (28 January 2020) 1 USD 1 GBP 1 EURO 100 YEN 71.3263 93.0918 78.6211 65.4100 Major economic data and events released yesterday/earlier today  Major economic data & events scheduled for the day Time Currency Economic indicators Forecast Previous Possible impact 5:20am JPY BOJ Summary of Opinions - - - All Day CNY Bank Holiday - - - 5:31am GBP BRC Shop Price Index y/y - -0.40% - 6:00am AUD CPI q/q 0.60% 0.50% Positive   AUD Trimmed Mean CPI q/q 0.40% 0.40% Neutral 10:30am JPY Consumer Confidence 39.6 39.1 Positive 12:30pm EUR German GfK Consumer Climate 9.6 9.6 Neutral   EUR German Import Prices m/m 0.20% 0.50% Negative   GBP Nationwide HPI m/m 0.30% 0.10% Positive 29th-30th CNY Foreign Direct Investment ytd/y - 6.00% - 2:30pm CHF Credit Suisse Economic Expectations - 12.5 -   EUR M3 Money Supply y/y 5.50% 5.60% Negative   EUR Private Loans y/y 3.50% 3.50% Neutral 7:00pm USD Goods Trade Balance -64.5B -63.2B Neutral   USD Prelim Wholesale Inventories m/m 0.10% -0.10% Positive 8:30pm USD Pending Home Sales m/m 0.50% 1.20% Negative 9:00pm USD Crude Oil Inventories 0.2M -0.4M Negative Impact: High | Low | Medium   Note: Economic data expectations are based on median forecast by economists or Reuters and Bloomberg survey. Here, a positive impact indicates currency could appreciate and negative indicates currency could depreciate against the US dollar. Technical chart source: TickerNews Source: TickerNews, Forexfactory.com, forexlive.com, Reuters, and investing.com *DOS – Depends on Statement. DOV – Depends on Votes. Disclaimer: This document has been prepared by IndiaNivesh Securities Limited (IndiaNivesh), for use by the recipient as information only and is not for circulation or public distribution. This document is not to be reproduced, copied, redistributed or published or made available to others, in whole or in part without prior permission from us. This document is not to be construed as an offer to sell or the solicitation of an offer to buy any currency pair. Recipients of this document should be aware that past performance is not necessarily a guide for future performance and price and value of investments can go up or down. The suitability or otherwise of any investments will depend upon the recipients particular circumstances. The information contained in this document has been obtained from sources that are considered as reliable though its accuracy or Completeness has not been verified by IndiaNivesh independently and cannot be guaranteed. Neither IndiaNivesh nor any of its affiliates, its directors or its employees accepts any responsibility or whatever nature for the information, statements and opinion given, made available or expressed herein or for any omission or for any liability arising from the use of this document. Opinions expressed are our current opinions as of the date appearing on this material only. IndiaNivesh directors and its clients may have holdings in the currencies mentioned in the report.)

Date Country Event Forecast Previous 02-02-2020   Australia AIG Manufacturing Index (Jan.)   48.3   Australia Building Approvals (M-o-M) (Dec.) 2.0% 11.8% 03-02-2020   Australia AIG Manufacturing Index (Jan.)   48.3   Australia Building Approvals (M-o-M) (Dec.) -3.00% 11.80%   U.K  GBP/USD Index   51.40%   U.S.A  Gold Index   55.30%   U.S.A  S&P 500 Index   38.20%   Australia  AUD/USD Index   50.60%   Japan  USD/JPY Index   66.00% Eurozone  EUR/USD Index   45.90%   Russia Markit Manufacturing PMI (Jan.)   47.5 Germany German Manufacturing PMI (Jan.) 45.2 43.7 Eurozone Manufacturing PMI (Jan.) 47.8 46.3   U.K Manufacturing PMI (Jan.) 49.8 49.8   Russia GDP Quarterly (Y-o-Y)     1.70%   U.S.A Manufacturing PMI (Jan.) 51.7 52.4   U.S.A ISM Manufacturing Employment (Jan.)   45.1   U.S.A ISM Manufacturing PMI (Jan.) 48.5 47.2 05-02-2020   U.S.A API Weekly Crude Oil Stock   -4.267 M   Japan Services PMI (Jan.) 52.1 49.4   China Chinese Composite PMI   52.6   Russia Markit Services PMI (Jan.)   53.1 Germany German Services PMI (Jan.) 54.2 52.9 Eurozone Markit Composite PMI (Jan.) 50.9 50.9 Eurozone Services PMI (Jan.) 52.2 52.8   U.K Composite PMI (Jan.) 52.4 52.4   U.K Services PMI (Jan.) 52.9 52.9 Eurozone Retail Sales (M-o-M) (Dec.) -0.50% 1.00%   U.S.A ADP Non-Farm Employment Change (Jan.) 159 K 202 K   U.S.A Trade Balance (Dec.) -48.00 B -43.10 B   U.S.A Markit Composite PMI (Jan.) 53.1 52.7   U.S.A Services PMI (Jan.) 53.2 52.8   U.S.A ISM Non-Manufacturing Employment (Jan.)   55.2   U.S.A ISM Non-Manufacturing PMI (Jan.) 55.1 55 06-02-2020   Australia NAB Quarterly Business Confidence   -2   Australia Retail Sales (M-o-M) (Dec.) -0.20% 0.90%   Australia Trade Balance (Dec.) 5.950 B 5.800 B   India Interest Rate Decision 5.15% 5.15% Germany German Factory Orders (M-o-M) (Dec.) 0.60% -1.30%   Russia Central Bank reserves (USD)   559.8 B   Russia CPI (M-o-M) (Jan.) 0.50% 0.40%   Russia CPI (Y-o-Y) (Jan.) 2.50% 3.00%   U.S.A Initial Jobless Claims 215 K 216 K   U.S.A Non-Farm Productivity (Q-o-Q) (Q4)   1.50% -0.20%   U.S.A Unit Labor Costs (Q-o-Q) (Q4)   1.30% 2.50% 07-02-2020   Japan Household Spending (M-o-M) (Dec.) 0.20% 2.60%   Japan Household Spending (Y-o-Y) (Dec.) -1.70% -2.00% Germany German Industrial Production (M-o-M) (Dec.) -0.20% 1.10% Germany German Trade Balance (Dec.) 18.4 B 18.3 B   U.K Halifax House Price Index (M-o-M) (Jan.) -0.20% 1.70%   Russia Interest Rate Decision (Feb.) 6.00% 6.25%   U.S.A Average Hourly Earnings (Y-o-Y) (Y-o-Y) (Jan.) 3.00% 2.90%   U.S.A Average Hourly Earnings (M-o-M) (Jan.) 0.30% 0.10%   U.S.A Non-Farm Payrolls (Jan.) 161 K 145 K   U.S.A Participation Rate (Jan.) 63.10% 63.20%   U.S.A Private Non-Farm Payrolls (Jan.) 150 K 139 K   U.S.A Unemployment Rate (Jan.) 3.50% 3.50% 10-02-2020   Japan Current Account n.s.a. (Dec.) 1.423 T 1.437 T   China CPI (Y-o-Y) (Jan.) 4.70% 4.50%   China CPI (M-o-M) (Jan.) 0.30% 0.40%   China PPI (Y-o-Y) (Jan.) -0.40% -0.50% 11-02-2020   U.K BRC Retail Sales Monitor (Y-o-Y) (Jan.)   1.70%   Australia NAB Business Confidence (Jan.)   -2   U.K Business Investment (Q-o-Q) (Q4)   -0.50% -0.40%   U.K GDP (Q-o-Q) (Q4) 0.40% 0.40%   U.K GDP (Y-o-Y) (Q4) 1.10% 1.10%   U.K Industrial Production (M-o-M) (Dec.)   -1.20%   U.K Manufacturing Production (M-o-M) (Dec.)   -1.70%   U.K Trade Balance (Dec.)   -5.26 B   U.K Trade Balance Non-EU (Dec.)   1.73 B   U.S.A JOLTs Job Openings (Dec.) 7.233 M 6.800 M 12-02-2020   Australia Westpac Consumer Sentiment (Feb.)   -1.80% Eurozone Industrial Production (M-o-M) (Dec.)   0.20%   India CPI (Y-o-Y) (Jan.) 6.20% 7.35% 13-02-2020   U.S.A Federal Budget Balance (Jan.)   -13.3 B Germany German CPI (M-o-M) (Jan.) 0.50% -0.60%   U.S.A Core CPI (M-o-M) (Jan.) 0.20% 0.10%   U.S.A Core CPI (Y-o-Y) (Jan.) 2.20% 2.30%   U.S.A CPI (M-o-M) (Jan.) 0.10% 0.20% 14-02-2020   India WPI Inflation (Y-o-Y) (Jan.) 2.15% 2.59% Germany German GDP (Y-o-Y) (Q4) 0.90% 1.00% Germany German GDP (Q-o-Q) (Q4) -0.10% 0.10% Eurozone GDP (Q-o-Q) (Q4) 0.20% 0.10% Eurozone GDP (Y-o-Y) (Q4)   1.00% Eurozone Trade Balance (Dec.)   20.7 B   U.S.A Core Retail Sales (M-o-M) (Jan.) 0.40% 0.70%   U.S.A Export Price Index (M-o-M) (Jan.) 0.20% -0.20%   U.S.A Import Price Index (M-o-M) (Jan.) -0.10% 0.30%   U.S.A Retail Sales (M-o-M) (Jan.) 0.30% 0.30%   U.S.A Industrial Production (Y-o-Y) (Jan.)   -1.01%   U.S.A Industrial Production (M-o-M) (Jan.) -0.10% -0.30%   U.S.A Business Inventories (M-o-M) (Dec.) 0.10% -0.20%   U.S.A Michigan Consumer Expectations (Feb.)   89 90.5   U.S.A Michigan Consumer Sentiment (Feb.)   99.3 99.8   U.S.A Retail Inventories Ex-Auto (Dec.)   -0.20% 15-02-2020   U.K CFTC GBP speculative net positions   17.7 K   U.S.A CFTC Crude Oil speculative net positions   461.8 K   U.S.A CFTC Gold speculative net positions   330.1 K   U.S.A CFTC Nasdaq 100 speculative positions   24.4 K   U.S.A CFTC S&P 500 speculative net positions   16.8 K   Australia CFTC AUD speculative net positions   -27.5 K   Japan CFTC JPY speculative net positions   -31.4 K   Russia CFTC RUB speculative positions   29.1 K Eurozone CFTC EUR speculative net positions   -58.9 K 17-02-2020   Japan GDP (Q-o-Q) (Q4) 0.20% 0.40%   Japan GDP (Y-o-Y) (Q4) 0.80% 1.80%   Japan Industrial Production (M-o-M) (Dec.)   1.30% 18-02-2020   U.K Average Earnings Index + Bonus (Dec.) 3.10% 3.20%   U.K Claimant Count Change (Jan.) 22.6 K 14.9 K   U.K Employment Change 3M/3M (M-o-M) (Dec.) 110 K 208 K   U.K Unemployment Rate (Dec.) 3.80% 3.80% Germany German ZEW Current Conditions (Feb.) -13.5 -9.5 Germany German ZEW Economic Sentiment (Feb.) 15 26.7 Eurozone ZEW Economic Sentiment (Feb.)   25.6   U.S.A NY Empire State Manufacturing Index (Feb.) 3.55 4.8 19-02-2020   U.S.A TIC Net Long-Term Transactions (Dec.)   22.9 B   Japan Exports (Y-o-Y) (Jan.)   -6.30%   Japan Trade Balance (Jan.) -150.0 B -154.6 B   Australia Wage Price Index (Q-o-Q) (Q4) 0.50% 0.50%   ZAR Core CPI (M-o-M) (Jan.) 0.20% 0.20%   ZAR CPI (M-o-M) (Jan.) 0.30% 0.30%   U.K CPI (Y-o-Y) (Jan.) 1.50% 1.30%   U.K CPI (M-o-M) (Jan.) 0.20% 0.20%   U.K PPI Input (M-o-M) (Jan.) 0.30% 0.10%   U.S.A Building Permits (Jan.) 1.468 M 1.420 M   U.S.A Building Permits (M-o-M) (Jan.)   -3.70%   U.S.A Core PPI (M-o-M) (Jan.) 0.20% 0.10%   U.S.A Housing Starts (M-o-M) (Jan.)   16.90%   U.S.A Housing Starts (Jan.) 1.375 M 1.608 M   U.S.A PPI (M-o-M) (Jan.) 0.20% 0.10% 20-02-2020   Australia Employment Change (Jan.)   28.9 K   Australia Full Employment Change (Jan.)   -0.3 K   Australia Unemployment Rate (Jan.) 5.20% 5.10% Germany German PPI (M-o-M) (Jan.) 0.20% 0.10%   U.K Core Retail Sales (Y-o-Y) (Jan.) 2.90% 0.70%   U.K Core Retail Sales (M-o-M) (Jan.) 0.70% -0.80%   U.K Retail Sales (Y-o-Y) (Jan.) 2.60% 0.90%   U.K Retail Sales (M-o-M) (Jan.) 0.50% -0.60%   U.K CBI Industrial Trends Orders (Feb.) -23 -22   Russia Retail Sales (Y-o-Y) (Jan.) 1.90% 1.90%   Russia Unemployment Rate (Jan.) 4.70% 4.60% 21-02-2020   Japan National Core CPI (Y-o-Y) (Jan.) 0.70% 0.70%   Japan National CPI (M-o-M)   0.10% Germany German Manufacturing PMI (Feb.) 44.5 43.7 Germany German Services PMI (Feb.) 53 52.9 Eurozone Manufacturing PMI (Feb.) 46.8 46.3 Eurozone Markit Composite PMI (Feb.) 51.2 50.9 Eurozone Services PMI (Feb.) 52.8 52.8 Eurozone Core CPI (Y-o-Y) (Jan.) 1.30% 1.10% Eurozone CPI (Y-o-Y) (Jan.)   1.40% Eurozone CPI (M-o-M) (Jan.)   0.30%   U.S.A Manufacturing PMI (Feb.) 52.5 52.4   U.S.A Markit Composite PMI (Feb.)   52.7   U.S.A Services PMI (Feb.) 52.9 52.8   U.S.A Existing Home Sales (M-o-M) (Jan.) 1.30% 3.60%   U.S.A Existing Home Sales (Jan.) 5.43 M 5.54 M 22-02-2020   Japan CFTC JPY speculative net positions   -44.7 K 29-02-2020   Japan CFTC JPY speculative net positions   -36.0 K Source : Investing.com Disclaimer: "Investment in securities market and Mutual Funds are 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