Morning BriefingThe US Treasury Yields have come down sharply. A strong fall in oil price following the news that the Strait of Hormuz could be reopened has dragged the yields lower. Support is there near current levels. Failure to bounce back from there can trigger an extended fall. We will have to wait and watch. Our expected rise is just getting delayed but has not been negated. The German Yields are coming closer to their support. We expect them to bounce back and resume the overall uptrend from there. The 10Yr GoI has dipped further. It has to sustain above its immediate support to go back up again. Else the broader downtrend can resume straight away. The RBI monetary policy meeting outcome is due today and it will need a close watch. 4:30 10:00 RBI Repo Rate 4:30 10:00 RBI Rev Repo Rate 4:30 10:00 RBI MSF
Our July '26 Dollar Rupee Quarterly Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
WHAT'S NEW?
July'26 EURUSD Report
In our June 2026 report (10-Jun-26, EURUSD 1.1546), we expected the Euro to rise towards 1.17 in Jun-26 before reversing lower, with surging crude prices, rising inflation, and potential central bank rate hikes posing key risks amid the ongoing US-Iran conflict.... Read More
WHAT'S NEW?
Jan'26 USDJPY Report
In our 10-Dec-25 report (USDJPY 156.70), we expected the USDJPY to trade within 154-158 region till Jan’26 before eventually rising in the long run. In line with our view, the pair limited the downside to ... Read More
WHAT'S NEW?
Aug'26 GOI Report
Our last report on 13-Jul-26 report (10Yr GOI 6.74%) stood on a foundation of uncertainty regarding what happens in the Strait of Hormuz. We assumed that Crude would remains below $90, and hence we projected ... Read More
WHAT'S NEW?
July'26 Crude Oil Report
In our June 2026 report (1-Jun-26, Brent @ $95.47), we had expected Brent to correct to $88 before bouncing back to $120 and $145 by Aug-26 and Sep-26, respectively. A sustained trade below $90 was said to be incumbent on a fully credible resolution of the US-Iran war. ... Read More
WHAT'S NEW?
Aug '26 US Treasury Report
In our last report (29-Jun-26, UST10Y 4.39%) we had followed the fall in Crude to $73 to change our US10Yr forecast from a rise to 5.10% by Sep-26 to a slight dip to 4.30% by Sep-26; and instead of the earlier forecast of a rise to 5.4% by Jan-27, the changed forecast projected .... Read More
