Posts tagged ‘EU’

Trend

Global:-

1.US economy is in peril.The usual antidote to this is a war.Many expect a huge one,shortly.

2.China is trying to push Yuan as the World Currency,while the Globalists are trying to usurp power,by trying to have the notorious IMF,play the role of the Global Banker and have parity with nations of the G20.

3.Russia-Belarus relations deteriorate,with EU being the gainer.

4.Dollar collapses,allowing Commodities’ prices to rise.Dollar and other world currencies are expected to get devalued due to the expected use of the “printing press”,by all nations.

5.US Bankers,reportedly, suspected of arrogant mortgage frauds,forcing illegal foreclosures.

6.Toxic sludge leakage from a  factory in Hungary,results in some deaths,evacuation and environmental disaster.

Indian:-

1.India and Russia to sign contracts for  a huge arms deals, and combined production of Fifth Generation Fighters.

2.India seems to be succumbing to the US pressure as regards the Civil Nuclear Accident Liability Bill,as Obama’s visit to India is due in a short time.UPA politicians seem to be not having even a vague idea about Stuxnet.A similar attack in India,on her Nuke Plants in particular,by China or Pakistan or both together, or even by nonpolitical disgruntled elements like the Maoists, will prove catastrophic.

3.Gold and other Commodities prices are soaring,as the Festive season in India approaches.

4.The declaration of Kashmir and Arunachal Pradesh,as disputed territories,by FAO,is a huge blow for India.

5.The CWG is on and India’s performance is unexpectedly strong.She is in the second position in Medals tally.

6.The markets may be flat on Monday,as there are no cues,expect the Coal India IPO.

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Trend

This week the International and National trends are,quite surprising.

Global:-

1.The US and European  economies are in a bad shape.

2.The Rift between the White House and the Pentagon,seems to be in the open after Mr Robert Gates,reportedly,said that the USA will NEVER leave Afghanistan.This has taken many by surprise.

3.The USA is considering a Bill to punish nations that undervalue their currencies,China?

4.Roma:EU warns France

5.Emergency declared in Ecuador,as Rafael Correa is rescued by the soldiers from a Police Hospital where the Ecuadorian President was kept hostage,as a protest,reportedly,encouraged by the USA,(against some of whose firms,Signor Correa seems to have taken strict action),against the austerity measures.

6.This year gold will be anywhere from $1,450 to $1,650/Oz,as per Bob Chapman of The International Forecaster.

Indian:-

1.The much awaited Ram Jamabhoomi verdict was announced and no violence was observed.The Sunni Muslim,WAQF Board,has said that it will approach the Supreme Court Of India.The Shia Community in UP wants the verdict to stand and is trying to persuade the Sunni WAQF Board to accept the verdict,and  has also made a magnanimous offer of  Rs 15 Lakhs for the construction of Ram temple in Ayodhya.

2.RIL crude production from its KGD6 basin reduced by 29%,due to LESS pressure.The price of this stock may fall on 4/10/2010.Since RIL is an index heavyweight,the Sensex and the Nifty may also be affected,adversely.

3.More than 3800 Engineers join the SBI,as clerks,when India’s economy is supposed to be flourishing.Speaks volumes about the unemployment situation, in India.

4.CIA Chief meets P Chidambaram who,like Kapil Sibal, had part of his education in the Harvard University,a reported,front of the CIA.

5.Sterlite Industries gets a reprieve as a stay  on the stoppage of its Copper plant in Tuticorin,has been ordered by the Higher Court,against a lower Court decision.

6.Government Of India unable to access Blackberry messenger encrypted codes,though RIM Canada, has allowed access reportedly.India and many other West Asian nations fear that this can be misused by the Terrorists.

7.CWG open today.

Trend

Global:-

1.Ahmedinijad on the offensive against the USA in the UN.

2.US economy continues to be in a bad shape.EU is also in deep trouble.

3.As per the Russians,the tension between  North and South Korea is high and continues to increase.

4.Japan succumbs to Chinese threat,releases Chinese seaman.

5.USA builds many bases in Eastern Europe and this is viewed as a threat to Russia.

Indian:-

1.Stock markets may be bullish,due to the Coal India IPO,as the UPA will be interested in realizing a better price.

2.Govt intends to have interlocutors in place for talk in Kashmir.

3.Telengana and Manipur problems continue.

4.China has intruded in Arunachal Pradesh,last month, which MSM are not reporting.

5.Ayodhya verdict on 28th September.Read here

6.India,Canada and Blackberry continue negotiations,as  encryption,is the issue, and hence possibility of, terrorism.

7.India bungle CWG hosting.Widespread corruption observed.

Sensex +133; 18800;9/9/2010

Trouble in Telengana and Manipur.Deganga situation continues to be tense.
Petrol and Diesel prices hiked.Read here
EU forces Securitization reforms on US.Read here
Ohio bans outsourcing to India.Read here
Mining Cos prefer Govt to land owners for profit-sharing .Read here
fii Rs Crores D/M/Y:+988;+2920;+22415;   DII -202;-178;-1989
bdi  2988;+13;0.44%      200 DMA  3000
gold 1244 $/Oz
silver 634 $/Kg
Dr COPPER  3.4192  $/Kg
us dollar index 82.69
Re v Dollar 46.35
crude  75.17$/bbl
Reuters CRB Index   273.21;-1.06
Nifty Futures discount/premium:- September 2010,9.5 points Discount;P/C 0.56;8/9/2010
PMI     55.5 for July,2010:dipped from 56.2;rate of growth slow;above 50 good for the economy.;India 57.25 from 57.6
Sensex   +133;       18800
VIX(Fear Index) :-
india 15.92
usa 22.81;-0.44;-1.89%