EQUIPOISE WEEKLY

Weekly Market-watch Country Profile Comparison

Particulars Close % Change Particulars – Last Data Point Country Profile - India China
India
10Y India 6.488 -1.19% GDP growth (Quarterly YoY) 5.80% 6.40%
10Y USA 2.1219 3.63%
GDP per capita (PPP) $6,899 $16,186.80
USDINR 68.6825 0.04%
EURUSD 1.127 0.50% Consumer price index (Inflation rate) 3.18% 2.70%
Brent Crude 66.72 4.07% Unemployment rate 6.00% 3.67%
Gold MCX 34407 -0.09% Current A/C (As a % of GDP) -2.30% 0.40%
Sensex 38736.23 0.04% Central Bank Interest Rate 5.75% 4.35%
Nifty 11552.5 -0.05%
S&P500 3013.77 1.27% EQUIPOISE WEEKLY
10Y bond yield
Government Debt to GDP
6.49%
68.7%
3.17%
47.6%
MSCI World 2212.65 0.82%
MSCI E.M. 1050.91 0.45% Source: The data points are obtained from consolidator tradingeconomics.com

8th – 14th July

Domestic Economic Affairs
QUOTE FACT
OF THE WEEK CPI inflation for June quickened to 3.18%; Slowdown in quarterly OF THE WEEK
growth had forced RBI to revise 2019-20 growth forecasts to 7%
from 7.2%; Another interest rate cut in sight to stimulate growth

FM Nirmala Sitharaman defended the budget, claiming estimates

to be realistic; India on track to become a $5 trillion economy
The central government is likely to give up direct control of
profitable ONGC, NTPC & GAIL in attempt to control fiscal deficit
LTCG tax spooks start-up investors as those earning Rs. 2-5 cr pay
26% while those earning more than Rs. 5 cr pay 28.5%
The Department of Economic Affairs and Financial Services are in
"I guess I should consultation to issue guidelines to state banks to take over Just 1% of
pooled assets of NBFCs and address stress in the sector
warn you, if I turn Amazon owner,
out to be Jeff Bezos’s
particularly clear,
International Economic Affairs fortune is
Fed chair Jerome Powell raises “serious concerns” about FB’s equivalent to the
you've probably
Libra; Mentions that “we cannot allow giant companies to assert
misunderstood their power over critical public infra” in latest blow to Facebook entire health
what I've said" Powell announced that the Fed is planning to lower borrowing budget for
costs for the first time in a decade; Provides a signal to E.M. banks
to cut rates & stimulate growth without fear of capital flight Ethiopia, a
- Alan Greenspan India, US to restart trade talks after Trump tweeted that tariffs on country of 105
US were “no longer acceptable!” on Tuesday; India had imposed
Former Chair of the million people
Federal Reserve
higher tariffs on US in retaliation to concession decision on June 1
Xi Jinping and Narendra Modi are set to meet in Varanasi on Oct-
12 for the second informal summit to energize bilateral ties