The document provides a daily economic calendar and forecasts for May 13th. It lists key economic data releases and events for major currencies including preliminary German GDP, UK average earnings and claimant count, and US core retail sales. Brief news headlines note the rupee slumping against the dollar, UK industrial output rising, and the Australian budget cutting growth forecasts. Technical analysis indicates the USDINR currency pair consolidating around resistance at 64.6000.

1. 13 MAY15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
11:30am
EUR
German Prelim GDP q/q 0.5% 0.7%
02:00pm
GBP
Average Earnings Index 3m/y 1.7% 1.7%
02:00pm GBP
Claimant Count Change -20.1K -20.7K
03:00pm GBP
BOE Gov Carney Speaks - -
03:00pm GBP
BOE Inflation Report -
-
06:00pm USD
Core Retail Sales m/m 0.4% 0.4%
 Rupee slumps to 64.17 on fresh dollar demand, weak equity
market.
 U.K. Industrial Output Unexpectedly Rises Most in Six Months.
 Australian budget: Cuts growth to 2.75% from 3.0% for 2015/16.
 Euro rallies amid renewed selloff in bond markets.
 Global bond sell-off resumes as German 10-year yields spike.
 Sterling hits 5-month highs after upbeat U.K. data.
 AUD/USD higher after upbeat Australian home loans data.
 South Korea won falls to 4-week low on Greek woes.
News FLASH
Economic calendar - May 13

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 64.2500 64.1000 63.9000 64.5000 64.6500 64.7500
EURINR 72.2000 72.0000 71.8000 72.5500 72.7500 73.0000
GBPINR 100.6500 100.4000 100.2000 101.0500 101.2500 101.5000
JPYINR 53.5000 53.4000 53.2000 53.7500 53.9000 54.0500
USDINR on daily charts consolidates around its resistance level of 64.6000. Now, if it is able to break this
level then it may find next resistance near 65.0000.
Pivot table
TECHNICAL VIEW
USDINR

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