MARKET OVERVIEW GLOBAL TRACKER : 31.08.2016
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Markets in Asia eased marginally, tracking the US close as investors await the non-farm payrolls data on Friday.
Markets remain optimistic about a rate hike in the near term, keeping equities under pressure.
US dollar remained stronger with Yen breaching 103.00 after strong consumer confidence data was reported yesterday and with important data from EU and US scheduled for the day.
Rupee is set to open on a marginally negative note and with the US dollar in demand; we can expect further buying in the USDINR pair.
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Markets in Asia eased marginally, tracking the US close as investors await the non-farm payrolls data on Friday.
Markets remain optimistic about a rate hike in the near term, keeping equities under pressure.
US dollar remained stronger with Yen breaching 103.00 after strong consumer confidence data was reported yesterday and with important data from EU and US scheduled for the day.
Rupee is set to open on a marginally negative note and with the US dollar in demand; we can expect further buying in the USDINR pair.