GLOBAL MARKETS ROUNDUP : 05.06.2014

GLOBAL MARKETS ROUNDUP
    * Asian share markets grudgingly gave ground on Thursday
while the euro flatlined at $1.3600, hostage to great
expectations that the European Central Bank will finally end
months of dithering by easing policy further.
    * The euro languished at four-month lows early on Thursday
with investors firmly sidelined as they waited to see what
measures the ECB would implement to tackle the threat of
deflation.
    * Brent crude slipped to a three-week low at $108 on
Thursday on ample supply in the United States and as tensions
over Ukraine cooled.
    * U.S. Treasuries yields edged up on Wednesday as investors
took profits from the recent rally, before Thursday's highly
anticipated ECB meeting.
                   
    LOCAL MARKETS PREVIOUS CLOSE
    * BSE index 24,805.83 (down 0.21 pct)
    * NSE index 7,402.25 (down 0.18 pct)
    * Rupee 59.33/34 per dlr (59.3850/3950)
    * 10-year bond yield 8.59 pct (8.60 pct)
    * 5-year OIS rate 7.86 pct (7.94 pct)
    * 1-year OIS rate 8.21 pct (8.25 pct)
    * Call money 8.30/8.35 pct (8.20/8.25 pct)
                       
    OVERNIGHT NEWS
    * India could allow global online retailers such as
Amazon.com Inc to sell their own products as early as
next month, removing restrictions that have held back
competition in one of the world's biggest, and most
price-sensitive, retail markets.
    * India's central bank said on Wednesday it would conduct a
special 28-day term repo auction for 200 billion rupees ($3.37
billion) on Friday, in order to infuse liquidity into the
banking system.
   
    KEY DEBT SALES/LOANS
    * Private sector mortgage lender HDFC has priced
an offering of 4 billion rupees ($67.5 million) one-year
one-month bonds. The bonds pay a coupon of 9.07 percent to yield
9.04 percent. IDFC and Yes Bank are the arrangers. (IFR)

    USD/INR NDFs (NY closing prices)
    For up-to-date prices, double click PNDF
     Close      Open     High      Low     Volume
    59.54-47   59.50    59.64     59.52     N/A

    FII INVESTMENTS-EQUITIES (Net dollars)
    June 3*                        $96.82 mln
    Year-to-date**                  $8.12 bln
    * Provisional NSE data        
    ** Source: Data as per the latest custodial filing as on
June 2 on SEBI website.

    FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
    May 30                        $151.48 mln
    Year-to-date                    $7.74 bln
    * Source: Data as per latest custodial filing as on June 2
on SEBI website.
                             
    GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
                                         June 4
    Foreign Banks                        7.96 bln
    Public Sector Banks                 -3.32 bln
    Private Sector Banks                 8.43 bln
    Mutual Funds                       -12.66 bln
    Others                               7.72 bln
    Primary Dealers                     -8.13 bln
    Source: Clearing Corp of India Ltd
   
===========================================================
Instrument               Payment    Date           Amount
                                               (mln rupees)
===========================================================  
SDL 07.62%, 2023         Interest   Jun 05            609.60
(2 States)
SDL 07.63%, 2023         Interest   Jun 05            839.30
(3 States)
SDL 08.84%, 2017         Interest   Jun 05            442.00
(KARNATAKA)
SDL 08.88%, 2022         Interest   Jun 05            244.20
(HARYANA)
SDL 08.89%, 2022         Interest   Jun 05            511.18
(TAMIL NADU)
SDL 08.90%, 2022         Interest   Jun 05             44.50
(TRIPURA)
SDL 08.91%, 2022         Interest   Jun 05            334.13
(ANDHRA PRADESH)
SDL 08.93%, 2022         Interest   Jun 05             66.98
(UTTARAKHAND)
1.44% IIGS 2023          Interest   Jun 05            468.00
8.97% 2030               Interest   Jun 05          40365.00
91 days T-Bill           Redemption Jun 05         153083.10
182 days T-Bill          Redemption Jun 05          60020.00
SDL 08.86%, 2022         Interest   Jun 06            332.25
(ANDHRA PRADESH)
SDL 08.87%, 2022         Interest   Jun 06            722.91
(3 States)
SDL 08.88%, 2022         Interest   Jun 06            666.00
(GUJARAT)
SDL 08.90%, 2022         Interest   Jun 06             55.63
(TRIPURA)
-------------------------------------------------------------  
   
    ISSUANCES
PAPER               DATE          AMOUNT (IN BLN RUPEES)
Tbills             June 4                140
Bonds              June 6                160
   
    LIQUIDITY
    * The Reserve Bank of India said on Wednesday it accepted
all 13 bids for 46.42 billion rupees ($782 million) at its
one-day repo auction, through which it injects liquidity into
the banking system.
    * Indian banks' refinancing with RBI falls to 161.08 billion
rupees.
    * Indian banks' cash balances with RBI fall to 3.25 trillion
rupees. 

GLOBAL MARKETS ROUNDUP : 04.06.2014

GLOBAL MARKETS ROUNDUP
    *  Asian shares were steady on Wednesday and the dollar
benefited from rising U.S. Treasury yields, while the euro
remained under pressure ahead of expected easing steps from the
European Central Bank.
    * The euro clung onto modest overnight gains early on
Wednesday, having been squeezed higher in what some traders
described as a 'buy-the-rumour-sell-the-fact' move in the wake
of subdued euro zone inflation data.
    * Brent crude held near $109 a barrel on Wednesday, as
investors eyed U.S. oil inventory data and looked to euro zone
policies they hope could spur growth and boost the region's
energy demand.
    * U.S. Treasuries yields rose to their highest in three
weeks on Tuesday as investors reset bets that yields are likely
to climb after they fell to 11-month lows last week.
                   
    LOCAL MARKETS PREVIOUS CLOSE
    * BSE index 24,858.59 (up 0.70 pct)
    * NSE index 7,415.85 (up 0.72 pct)
    * Rupee 59.3850/3950 per dlr (59.1525/1625)
    * 10-year bond yield 8.60 pct (8.66 pct)
    * 5-year OIS rate 7.94 pct (8.08 pct)
    * 1-year OIS rate 8.25 pct (8.39 pct)
    * Call money 8.20/8.25 pct (7.05/7.10 pct)
                       
    OVERNIGHT NEWS
    *

    USD/INR NDFs (NY closing prices)
    For up-to-date prices, double click PNDF
     Close      Open     High      Low     Volume
    59.60-61   59.60    59.73     59.61     N/A

    FII INVESTMENTS-EQUITIES (Net dollars)
    June 3*                        $96.82 mln
    Year-to-date**                  $8.12 bln
    * Provisional NSE data        
    ** Source: Data as per the latest custodial filing as on
June 2 on SEBI website.

    FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
    May 30                        $151.48 mln
    Year-to-date                    $7.74 bln
    * Source: Data as per latest custodial filing as on June 2
on SEBI website.
                             
    GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
                                         June 3
    Foreign Banks                       53.71 bln
    Public Sector Banks                -84.75 bln
    Private Sector Banks                21.63 bln
    Mutual Funds                        -2.60 bln
    Others                              -4.06 bln
    Primary Dealers                     16.07 bln
    Source: Clearing Corp of India Ltd
   
===========================================================
Instrument               Payment    Date           Amount
                                               (mln rupees)
===========================================================  
SDL 09.32%, 2023         Interest   Jun 04            139.80
(HIMACHAL PRADESH)
SDL 09.33%, 2023         Interest   Jun 04            233.25
(RAJASTHAN)
SDL 09.35%, 2023         Interest   Jun 04            392.70
(3 States)
SDL 09.37%, 2023         Interest   Jun 04           2469.00
(6 States)
SDL 09.38%, 2023         Interest   Jun 04            703.50
(TAMIL NADU)
SDL 09.39%, 2023         Interest   Jun 04           1784.10
(2 States)
5.59% 2016               Interest   Jun 04           1677.00
6.13% 2028               Interest   Jun 04           3371.50
-------------------------------------------------------------  
   
    ISSUANCES
PAPER               DATE          AMOUNT (IN BLN RUPEES)
Tbills             June 4                140
Bonds              June 6                160
   
    LIQUIDITY
    * The Reserve Bank of India said on Tuesday it accepted all
21 bids for 71.20 billion rupees ($1.20 billion) at its one-day
repo auction, through which it injects liquidity into the
banking system.
    * Indian banks' refinancing with RBI falls to 269.08 billion
rupees.
    * Indian banks' cash balances with RBI falls to 3.29
trillion rupees. 

GLOBAL MARKETS ROUNDUP : 03.06.2014

GLOBAL MARKETS ROUNDUP
    * Reassuring Chinese factory data and another record high
for Wall Street lifted world stocks and commodities on Monday,
as markets waited to see how far the European Central Bank will
go with policy easing plans this week.
    * The dollar hovered near a four-month high against a basket
of major currencies early on Tuesday, bolstered by upbeat U.S.
data and taking advantage of a euro that is still in the
doldrums ahead of a much-anticipated European Central Bank
meeting later this week.
    * Brent and U.S. crude oil futures fell in choppy trading on
Monday, weighed on by a stronger dollar and recent data showing
rising OPEC oil production.
    * U.S. Treasuries yields rose on Monday, after falling to
one-year lows last week, as investors completed month-end bond
purchases and before a highly anticipated European Central Bank
meeting and U.S. employment report due later this week.
                   
    LOCAL MARKETS PREVIOUS CLOSE
    * BSE index 24,684.85 (up 1.93 pct)
    * NSE index 7,362.50 (up 1.83 pct)
    * Rupee 59.1525/1625 per dlr (59.10/11)
    * 10-year bond yield 8.66 pct (8.64 pct)
    * 5-year OIS rate 8.08 pct (8.09 pct)
    * 1-year OIS rate 8.39 pct (8.38 pct)
    * Call money 7.05/7.10 pct (7.30/7.40 pct)
   
    KEY EVENTS/FACTORS TO WATCH
    * India's central bank to release monetary policy decision
at 0530 GMT.
                       
    OVERNIGHT NEWS
    * Reserve Bank of India Governor Raghuram Rajan is expected
to keep the country's key lending rate unchanged and temper his
tough rhetoric on inflation in a conciliatory gesture to a new
government elected on a platform of reviving economic growth.


    USD/INR NDFs (NY closing prices)
    For up-to-date prices, double click PNDF
     Close      Open     High      Low     Volume
    59.46-49   59.50    59.52     59.38     N/A

    FII INVESTMENTS-EQUITIES (Net dollars)
    June 2*                        $39.68 mln
    Year-to-date**                  $8.12 bln
    * Provisional NSE data        
    ** Source: Data as per the latest custodial filing as on
June 2 on SEBI website.

    FII INVESTMENTS-DEBT (Net Dollars) INFIX INFII01* Debt
    May 30                        $151.48 mln
    Year-to-date                    $7.74 bln
    * Source: Data as per latest custodial filing as on June 2
on SEBI website.
                             
    GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
                                         June 2
    Foreign Banks                        3.98 bln
    Public Sector Banks                  0.84 bln
    Private Sector Banks                -4.39 bln
    Mutual Funds                         3.79 bln
    Others                               5.53 bln
    Primary Dealers                     -9.75 bln
    Source: Clearing Corp of India Ltd
   
===========================================================
Instrument               Payment    Date           Amount
                                               (mln rupees)
===========================================================  
SDL 08.45%, 2017         Interest   Jun 03             90.84
(RAJASTHAN)
SDL 08.47%, 2017         Interest   Jun 03            254.10
(TAMIL NADU)
SDL 08.48%, 2017         Interest   Jun 03            212.00
(ANDHRA PRADESH)
SDL 08.50%, 2017         Interest   Jun 03           1656.38
(3 States)
7.28% 2019               Interest   Jun 03          19292.00
SDL 09.32%, 2023         Interest   Jun 04            139.80
(HIMACHAL PRADESH)
SDL 09.33%, 2023         Interest   Jun 04            233.25
(RAJASTHAN)
SDL 09.35%, 2023         Interest   Jun 04            392.70
(3 States)
SDL 09.37%, 2023         Interest   Jun 04           2469.00
(6 States)
SDL 09.38%, 2023         Interest   Jun 04            703.50
(TAMIL NADU)
SDL 09.39%, 2023         Interest   Jun 04           1784.10
(2 States)
5.59% 2016               Interest   Jun 04           1677.00
6.13% 2028               Interest   Jun 04           3371.50
-------------------------------------------------------------  
   
    ISSUANCES
PAPER               DATE          AMOUNT (IN BLN RUPEES)
Tbills             June 4                140
Bonds              June 6                160
   
    LIQUIDITY
    * The Reserve Bank of India said on Monday it accepted all
41 bids for 141.55 billion rupees ($2.40 billion) at its one-day
repo auction, through which it injects liquidity into the
banking system.
    * Indian banks' refinancing with RBI falls to 281.38 billion
rupees.
    * Indian banks' cash balances with RBI rise to 3.30 trillion
rupees.

Indian FX/debt factors to watch - May 27

GLOBAL MARKETS ROUNDUP : 27.05.2014

Please click the above link