MARKET EYE WEEKAHEAD-India FX/debt markets await factory data, inflation numbers

Fri Dec 7, 2012 3:59pm IST

Related Topics

*  India will release headline inflation data for November and
factory output data for October - two key data points ahead of
RBI's monetary policy meeting on Dec. 18.
*  The government is likely to take up key reform proposals in
the rest of the winter session, bolstered by its wins in both
houses of parliament on allowing FDI in retail.
* Changes to banking laws, raising FDI limit in insurance as
well as allowing foreign investment in pension are key bills the
government is looking forward to pass to boost investor
confidence.
* RBI is scheduled to buy 120 billion rupees of bonds on Dec. 11
via open market operations.
* The cash situation will be watched as liquidity is expected to
tighten on advance tax outflows during the week.
 * FX market expected to track U.S. non-farm payroll data due at
1330 GMT later on Friday. Analysts polled by Reuters expect a
sharp slowdown in employment growth due to the disruption caused
by the Hurricane Sandy. 
       
KEY FACTORS/EVENTS TO WATCH: 
    
Wed: India CPI index for November.
     IIP data for October. 
     Reserve Money data.
    
Thu: First phase of Gujarat assembly election.     
    
Fri: November WPI inflation.
     RBI to release forex, bank lending data.

 (subhadip.sircar@thomsonreuters.com /
subhadip.sircar.thomsonreuters.com@reuters.net)
FILED UNDER:

REUTERS EXCLUSIVE

Reuters Showcase

Documents' Leak

Documents' Leak

India widens oil leaks probe to defence ministry  Full Article 

Jim O’Neill Interview

Jim O’Neill Interview

'India can become world’s fifth-largest economy by decade’s end'  Full Article 

Food Security

Food Security

India will not cut multi-billion dollar food handout programme - PM  Full Article 

Ola's Expansion Drive

Ola's Expansion Drive

Taxi group Ola steps up expansion drive  Full Article 

Sahara Saga

Sahara Saga

Sahara's Grosvenor House hotel in London put up for sale   Full Article 

Suzlon Energy

Suzlon Energy

Suzlon expects to turn profitable in fiscal 2016: chairman   Full Article 

Eicher Motors Stake

Eicher Motors Stake

Volvo selling up to $300 mln worth of Eicher shares  Full Article 

Beef Trade

Beef Trade

Maharashtra clamps down on beef trade through new act  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage