Friday, October 5, 2018

FRIDAY 10/5/18; RBI (India) Rate Decision; Indian Rupee Weakens Past 74; US Monthly Jobs Report; International Trade; BSE Sensex (India) -2.4%; Nifty (India) Plummets -2.666%; FTSE (UK) Dumps -1.4%; MIB (Italy) Sinks -1.3%; Bond Yields Continue Higher; Consumer Credit; Stocks Selloff; SOX (Semiconductors) Collapses -2.3%

Euro 1.1517. Dollar/yen 113.88. Pound 1.3025. Indonesian rupiah 15179. Philippine peso 54.34. Aussie dollar 0.7077. Korean won 1129.82. Dollar/yuan 6.8688. Indian rupee 73.5838. The Reserve Bank of India provides its rate decision in a few hours. Many analysts expect a rate hike to stem the record-setting drop in the rupee.

[Blog text is redacted. Purchase the September publication 2018-09 that explains the daily moves in global stock, bond and Forex markets.]

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