Posts tagged ‘Banking’

Trend(15/8/2010)

Global:-

1.US and UK economies in trouble,not to mention Greece,which is being wrecked by the IMF and the International Bankers.

2.Wildfire and floods in Russia and Pakistan respectively.Wheat price,may increase,as the former has banned exports.

3.US/Isarel sabre-rattling against Iran.

4.Gulf Of Mexico,anxiety persists.

5.German economy has improved.

6.China may slow down.

Indian:-

1.Kashmir,Maosists,Telengana and Nagas.

2.Prices,Inflation,Current account deficit, high.Bond rate has decreased.

3.UPA continues to be Dictatorial,with no fiscal discipline or respect for the RBI.Liquidity crunch in the market due to 3G spectrum and Broadband Wireless   auctions.India’s “growth'”,may be adversely affected.

4.Indices seem to have topped.A correction is due.Banking and other select shares may rise,while IT etc may fall.

Sensex -67 ; 18220(10/8/2010)

Trouble in Telengana and Manipur.
US Banking Reforms may take too long to be effective,as provisions are liberal to the Wall Street bankers.Read here
CWG organizers in scandal.Read here.
China to close down 2,000 energy-inefficient,factories.Read here.
fii Rs Crores D/M/Y: +600;+3884;+16118;DII -541,-1716,+4166
bdi  2212;+98;+4.64% BELOW 200 DMA of 3094
gold 1204 $/Oz
silver 588 $/kg
Dr COPPER  3.3050 $/kg
us dollar index 81.21
Re v Dollar 46.06
crude  79.29 $/bbl
Reuters CRB Index   272.29(-2.31)
PMI     55.5 for July,2010:dipped from 56.2;rate of growing slow;above 50 good for the economy.
Sensex    -67  ;      18220
VIX  :
india 17.33;+0.33;+1.94%
usa 22.37;+0.23;+1.04%

Weekly Trends up to 7/8/2010

1.Manipur,Kashmir and Telengana.Tribals and Naxals.

2.Floods,Malaria,Dengue and H1N1

3.CWG corruption and construction delays.

4.UPA trying Dictatorial methods,as it wants ITSELF to be the SUPER Regulator,instead of the deserving RBI.Most of the  policies are anti National harmful to India.A reluctance to give a free hand to RBI,by the UPA is noticed.

5.Fiscal Deficit kept deliberately high,as th UPA is still borrowing in spite of getting more than Rs 1 lakh Crores in the 3 G spectrum auction.It has additionally,requested the Parliament for more than, Rs 50000/= Crores.Divestment out of Oil &Gas,Banking,Mining sectors,among others is particularly, noticed.This is bankrupting the Nation.

6.Efforts for taking over of The Child,by the State,and encouragement for Social Adoption is noticed.

7.Poverty and lack of opportunities.

8.High inflation and food prices.

9.Stock Markets flat,with a negative bias.Commodities modest increase in prices.

10.Global Shipping is in dire “straits”!

11.Greece,Spain,the UK economy worrying.