The document provides a summary of economic indicators and currency exchange rates from Europe and the UK. It reports on services PMIs from Spain, Italy, France, and Germany. It also mentions UK services PMI and Eurozone retail sales. The document notes the strengthening of the rupee against the dollar and euro edging higher pending a Greek referendum. It lists upcoming economic data releases and provides technical analysis on the GBPINR currency pair.

1. 03 JULY15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
12:45pm
EUR
Spanish Services PMI 58.0 58.4
1:15pm
EUR
Italian Services PMI 52.9 52.5
1:20pm
EUR
French Final Services PMI 54.1 54.1
1:25pm
EUR
German Final Services PMI 54.2 54.2
2:00pm
GBP
Services PMI 57.4 56.5
2:30pm
EUR
Retail Sales m/m 0.2% 0.7%
 Rupee strengthens against dollar.
 Euro edges higher as markets await Greece referendum.
 Swedish crown slips on rate cut, dollar hits three-week high.
 Sterling slips to two-week low vs rallying dollar.
 Industrial producer prices stable in euro area.
 UK construction sector output growth rebounds.
 Sweden Repo rate cut to −0.35% and purchases of government
bonds extended by SEK 45 billion.
 UK Annual house price growth slows again in June.
News FLASH
Economic calendar – July 03

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.7000 63.6000 63.5000 63.9000 64.0000 64.1000
EURINR 70.5000 70.4000 70.3000 70.8000 70.9000 71.0000
GBPINR 99.4000 99.3000 99.2000 99.7000 99.8000 99.9000
JPYINR 51.5000 51.4000 51.3000 51.8000 51.9000 52.0000
GBPINR on its daily charts had closed around the important support and still looks weak if it sustains
below the level of 99.4500.
Pivot table
TECHNICAL VIEW
GBPINR

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