The document provides a daily economic calendar and forecasts for June 4th. It lists upcoming data releases for the euro, British pound, and US dollar on retail PMI, bank rates, asset purchases, rate statements, and unemployment claims. Brief international economic news is also provided, including the rupee falling against the dollar and UK and euro area manufacturing activity and unemployment. Technical support and resistance levels are given for various currency pairs.

1. 04 JUNE15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
1:40pm
EUR
Retail PMI - 49.5
4:30pm
GBP
Official Bank Rate 0.50% 0.50%
4:30pm
GBP
Asset Purchase Facility 375B 375B
Tentative GBP
MPC Rate Statement - -
6:00pm USD
Unemployment Claims 280K 282K
6:00pm USD
Revised Nonfarm Productivity q/q -2.8% -1.9%
 Rupee falls against US dollar.
 UK PMI: manufacturing output rises on solid domestic demand.
 Euro area unemployment rate at 11.1%.
 Volume of retail trade up by 0.7% in euro area.
 French service sector activity rises for fourth successive month.
 German manufacturing PMI dips to three-month low.
 Italian manufacturing PMI climbs to highest for over four years.
 South Korean won posts biggest daily gain against dollar on Greek
debt talks.
News FLASH
Economic calendar – June 04

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 64.1000 64.0000 63.9000 64.4000 64.5000 64.6000
EURINR 71.2000 71.1000 71.0000 71.6000 71.7000 71.8000
GBPINR 98.0000 97.9000 97.8000 98.3000 98.4000 98.5000
JPYINR 51.5000 51.4000 51.3000 51.7000 51.8000 51.9000
GBPINR on daily charts found strict resistance around the trend line and made reversal candlestick
pattern, so selling can be seen if it holds below the level of 98.0400.
Pivot table
TECHNICAL VIEW
GBPINR

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