Good morning,

• U.S. 10-year bond yield hit 3 percent for the first time since early 2014, steadily driven higher by concerns over inflation, growing debt supply, and rising Fed borrowing costs. • Wall Street indices slid significantly overnight and have put pressure on Asian equities too at open today. Warnings of higher costs from leading U.S. companies bring fears that corporate earnings growth may peak soon also added to the slide. • Oil stable but below recent highs as rising U.S. inventories & production threaten bull-run. • The dollar was steady early today, just below a four-month high; but seen losing the pace due to the slide on Wall Street. • Indian Rupee is seen opening at 66.45 a Dollar and expected to trade further weaker if drops below 66.50.

Good Morning!

U.S 10 Year Treasury Yields rise close to the 3-percent mark. Asian stocks slip and Dollar rallies to 4-month highs.
A flood of US government debt this week and the spectre of inflation and a higher fiscal deficit drove US borrowing costs near four-year highs.
Oil rises to fresh 3.5 year highs in Asia on expectations of fresh US sanctions against Iran and as the demand continues to strengthen post OPEC output cut deal.
Indian Rupee is seen opening at 66.45 a Dollar and expected to trade further weaker if drops below the 66.50 mark.

Good Morning!

Optimism about the US corporate reporting season results into US indices rallying yesterday; followed by Asia where equities moved ahead but nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued.
Oil prices edged up today on lower U.S. crude inventories, global supply risks.
The dollar held to moderate gains today after climbing off a three-week low on upbeat U.S. data, although lingering caution over U.S.-China trade tensions held currencies to narrow ranges.
The Indian Unit is seen opening at 65.68 a Dollar and is expected to trade the 65.50-65.80 range for the day.

Regards
Karvy Forex