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INDIA: Modi Urges Indian Companies to Invest. 

INDIA
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  • Prime Minister Narendra Modi said the changes in the global economy and trade could be an opportunity for Indian firms to invest more and take advantage of the world’s need for alternative supply chain hubs.  (source: BBG)
  • President Trump says many nations including China, Brazil, India, Mexico, Canada and South Korea charge the US higher tariffs than the US charges them. (source: BBG)
  • The NIFTY 50 has broken a 10 day losing streak to rise +0.88%.
  • INR:  the rupee is opening up by +0.175% at 87.12
  • Bonds: IGB 10YR -1bp lower at open at 6.733%
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  • Prime Minister Narendra Modi said the changes in the global economy and trade could be an opportunity for Indian firms to invest more and take advantage of the world’s need for alternative supply chain hubs.  (source: BBG)
  • President Trump says many nations including China, Brazil, India, Mexico, Canada and South Korea charge the US higher tariffs than the US charges them. (source: BBG)
  • The NIFTY 50 has broken a 10 day losing streak to rise +0.88%.
  • INR:  the rupee is opening up by +0.175% at 87.12
  • Bonds: IGB 10YR -1bp lower at open at 6.733%