• 20 JUL
  • Knight Snippet
  • 20/07/2021

Transcript

Good Morning Treasurers,
This is your host Priyancka Mahore , AVP of Knight Fintech and you are listening to Knight Snippets.
Here is all what you need to know before going into trade for 20-July-2021

International Market:
-Increasing Delta variant cases resulted Dow Jones falling more than 900 points.
-US Treasuries saw increasing demand and gone at 5 month low level it touched 1.17% 11 bps down from previous level.

Closing level
UST 10 year - 1.2090
30 year - 1.8410

Crude Oil Market:
- Crude is trading at $. - 68.76 /bbl
- Crude Short Term Range: 68 - 70 $.

Currency Market:
- Dollar index (DXY) is at: 92.8500
- DXY today's range: 92.60 -92.95 
- USDCNY or Chinese yuan is at  6.4859
- USDINR with a low of  74.71
 closed at  74.88
- USDINR range:  74.60 - 74.95

Trading Strategy for USDINR:
- USDINR will be range-bound today

Domestic Market:
- 5.63 2026 closed at - 5.6550%  Vs.5.6813%  the previous trading day;
- 6.64 2035 closed at - 6.7804%  Vs 6.7917% the previous trading day;

Today market will open in Gap Up because of UST and crude effect.

please offload your earlier positions.

That's it for today.  You were listening to Knight Snippets with Priyancka Mahore from Knight Fintech.

Tomorrow is holiday on account of EID

Macro Economic Events

Indicator Last Expected AsOn Next
Housing Starts JUN   [US] 1,572 1,517 16/07/21 20/07/21
GDP YoY JUN   [RU] 10.9 10.8 23/07/21 27/07/21
Retail Sales MoM JUN   [AU] -1.80 0.40 16/07/21 21/07/21
Stock Investment by Foreigners   [JP] -10.5 -310.0 16/07/21 22/07/21
Balance Of Trade JUN   [JP] -187.2 253.1 16/07/21 20/07/21
House Price Index MoM MAY   [US] 1.80 1.60 23/07/21 26/07/21
Import YoY JUN   [JP] 6,448 6,926 16/07/21 20/07/21
Industrial Profits (YTD) YoY JUN   [CN] 4,218,330 3,424,740 23/07/21 26/07/21
PPI MoM JUN   [KR] 109.1 108.7 16/07/21 21/07/21
Inflation Rate MoM JUN   [JP] 0.30 0.30 16/07/21 20/07/21
Retail Sales YoY JUN   [RU] 27.2 35.1 16/07/21 20/07/21
Goods Trade Balance JUN   [US] -88,110 -85,730 23/07/21 27/07/21
Inflation Rate YoY Q2   [AU] 1.10 0.90 23/07/21 27/07/21
Continuing Jobless Claims   [US] 3,236 3,265 16/07/21 22/07/21
Exports YoY JUN   [JP] 6,261 7,181 16/07/21 20/07/21
Jobless Claims 4 Week Average   [US] 385.3 384.5 16/07/21 22/07/21
Consumer Confidence JUL   [KR] 110.3 105.2 23/07/21 27/07/21
Loan Prime Rate 1Y   [CN] 3.85 3.85 16/07/21 20/07/21
Retail Sales YoY JUN   [RU] 27.2 35.1 23/07/21 27/07/21
Loan Prime Rate 5 Y JUL   [CN] 0.0000 0.0000 16/07/21 20/07/21
Industrial Production YoY JUN   [RU] 11.8 7.6 16/07/21 22/07/21
Unemployment Rate JUN   [RU] 4.90 5.20 23/07/21 27/07/21
Wholesale Inventories MoM JUN   [US] 1.30 1.10 23/07/21 27/07/21
Initial Jobless Claims   [US] 419.0 368.0 19/07/21 22/07/21
PPI YoY JUN   [KR] 6.40 6.60 16/07/21 21/07/21
Housing Price Index YoY MAY   [US] 1.80 1.60 23/07/21 26/07/21
Foreign Bond Investment   [JP] -1,218 -191 16/07/21 22/07/21
GDP Growth Rate YoY Q2   [KR] 5.90 1.90 23/07/21 26/07/21
Inflation Rate QoQ Q2   [AU] 0.60 0.90 23/07/21 27/07/21
Unemployment Rate JUN   [RU] 4.90 5.20 16/07/21 20/07/21
Inflation Rate YoY JUN   [JP] 0.20 -0.10 16/07/21 20/07/21
GDP Growth Rate QoQ Q2   [KR] 0.70 1.70 23/07/21 26/07/21
Housing Starts MoM JUN   [US] 1,572 1,517 16/07/21 20/07/21
Core Inflation Rate YoY JUN   [JP] 0.20 0.10 16/07/21 20/07/21

Auctions

Knight Statistical Poll vs. Actual Results
Security Name Tenure Notified Amount Expected
Cut-Off
Recommended At Actual-Cut-Off Amount Accepted Auction Type Announcement date Auction Date Settlement Date Source
7.24% TNSDL 2051 30 Y 1000 7.23% - 7.26% 20/07/21 16:45 7.24% 1000 Yield 16/07/21 19/07/21 20/07/21
6.27% RJSDL 2026 5 Y 1000 - 20/07/21 16:41 6.27% 1000 Yield 16/07/21 19/07/21 20/07/21
7.17% TSSDL 2041 20 Y 1000 7.16% - 7.18% 20/07/21 16:47 7.17% 1000 Yield 16/07/21 19/07/21 20/07/21
7.01% MNSDL 2031 10 Y 200 6.99% - 7.03% 20/07/21 15:53 7.01% 200 Yield 16/07/21 19/07/21 20/07/21
182 DTB 19/01/2022 182 D 4000 3.59% - 3.62% 20/07/21 15:22 3.5624% 4000 Yield 16/07/21 20/07/21 21/07/21
6.99% UPSDL 2031 10 Y 2500 7.00% 7.03% 27/07/21 15:20 6.99% 2500 Yield 23/07/21 27/07/21 28/07/21
6.10% GS 2031 10 Y 14000 99.50 - 99.55 23/07/21 18:18 99.63 14000 Price 19/07/21 23/07/21 26/07/21
HRSDL 2032 11 Y 1000 - 20/07/21 15:33 T.B.D T.B.D Yield 16/07/21 19/07/21 20/07/21
6.76% GS 2061 40 Y 9000 7.19% - 7.20% 23/07/21 18:19 7.1809% 11250 Yield 19/07/21 23/07/21 26/07/21
6.99% WBSDL 2030 9 Y 2500 - 27/07/21 15:19 6.99% 2500 Yield 23/07/21 27/07/21 28/07/21
7.01% UPSDL 2031 10 Y 2500 6.99% - 7.03% 20/07/21 16:48 7.01% 2500 Yield 16/07/21 19/07/21 20/07/21
91 DTB 20/10/2021 91 D 9000 3.41% - 3.43% 20/07/21 15:20 3.4190% 9000 Yield 16/07/21 20/07/21 21/07/21
6.78% MHSDL 2031 10 Y 2000 6.99% - 7.03% 20/07/21 15:32 98.51 2000 Yield 16/07/21 19/07/21 20/07/21
6.97% TNSDL 2031 10 Y 2000 6.97% - 6.99% 27/07/21 15:18 6.97% 2000 Yield 23/07/21 27/07/21 28/07/21
6.97% TNSDL 2031 10 Y 1000 6.99% - 7.03% 20/07/21 16:43 6.97% 1000 Yield 16/07/21 19/07/21 20/07/21
364 DTB 20/07/2022 364 D 4000 3.79% - 3.82% 20/07/21 15:23 3.7744% 4000 Yield 16/07/21 20/07/21 21/07/21
4.26% GS 2023 2 Y 3000 99.85 - 99.89 23/07/21 18:20 100.02 3750 Price 19/07/21 23/07/21 26/07/21

Credit Research: Exposures and Next IP Dates

Uttar Pradesh Power Corporation Ltd

Debenture

Aditya Birla Finance Ltd.

Debenture

News Bites

To stay updated with us click here for news bites.

Daily Research Report

Click here for Daily Research Reports.