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:

Politics

REUTERS SHOWCASE

Fund Raising

Fund Raising

Flipkart raises $700 million in fresh funding.   Full Article 

Reforms Push

Reforms Push

Modi may order insurance, coal reforms if vote delayed - officials.  Full Article 

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

Hacking Attack

Hacking Attack

N.Korea says did not hack Sony, wants joint probe with U.S.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

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