Posts tagged ‘G20’

Weekly Trends

Global:-

1.The USA and G20,make a  monkey of the layman.Geithner and Bernanke sing different tunes.US may not devalue the Dollar after all.

2.US and Western economies is in deep trouble.

3.China goes on a buying  spree, and even buys US Oil assets in Texas.

4.Near zero interest rates in the West and Japan is causing problems in emerging markets,by way of huge inflow,sometimes uncontrollable.

5.Strikes France and still Sarkozy goes ahead with the so-called,reform of increasing the retirement age.

6. 5 lakh jobs to be cut in UK.Unions threaten strikes similar to France.

7.Wikileaks comes out with more clips and messages.Julian Assange on the run and is being stalked.

8.US continues to arm Pakistan to the consternation of India,with another $2 Billion “aid”.

9.Bayer caught selling aids-infected drugs for decades.

10.In Haiti 195 die of Cholera.

Indian:-

1.Kashmir,Telengana and Manipur problems continue.

2.BJP trounces Congress party once again in Panchayat and remaining Municipal elections in Gujarat.

3.Elections in the State of Bihar are on.

4.India’s share on IMF increased and may be accommodated in the Board.

5.Maoists continue to, kill and the UPA looks on.

6.Action may taken against Geelani,Arundhati Roy and others in their anti-National gathering and speeches,in New Delhi.BJP criticices th UPA for allowing the meeting to take place at all.

7.Food prices continue to be high,but the UPA sells about 1 lakh tonnes of food grains to Bangla Desh.

8.There are no triggers and hence the markets may be flat even though the Nifty futures are at a premium.

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.

Market Outlook.

1.BDI below 200DMA and touching 50DMA.

2.Dollar is WEAK but G20 is playing ball with US Wall Street Bankers and making monkeys of the World.

3.Greece,Iran and Afghanistan are anxiety areas.

4.RBI may be forced to hike rates, to counteract Inflation.

5. Steel,Cement etc are costly.

6.FII flows continue and DIIs are buyers.

6.Crude oil price higher.Read here.

Delicately poised,with a negative bias.