Dollar closed at 65.4150 against its opening at 65.3300. Dollar snapped two-day gains  tracking subdued trading in dollar ahead of US retail sales data and inflation data due this week amid selling by foreign banks. The greenback turned mixed against its major currencies on lack of significant data from the US and uncertainty regarding US tax overhaul amid political turmoil in UK. The lack of US economic data is keeping few investors on the sidelines at the start of the trading week. Traders look forward to the release of the US producer price index as well as speeches from some Federal Reserve officials, including Chair Janet Yellen. Meanwhile, Asian stocks traded on a weaker note Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the US yield curve might ultimately be a harbinger of a slowdown there.

BSE Sensex provisionally ends 99.84 points, or 0.3 percent, lower at 32,933.72 points, with 19 components in red.

INTERNATIONAL

Asian stocks faltered  as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might ultimately be a harbinger of a slowdown there.
 

China’s October property sales and new construction starts fell in October as the property market cooled from a two-year boom in the face of a tighter liquidity environment and a crackdown on riskier lending.
 

Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market.

Gold prices were little changed early , with the dollar supported by higher U.S. Treasury yields and Asian stocks down amid uncertainty over tax reforms in the United States.

China’s agreement to begin discussions with the Association of Southeast Asian Nations (ASEAN) on the fine print of a code of conduct framework for the disputed South China Sea will be a “stabiliser” for the region.