As per reports,Obama is reducing prices of Commodities to win the Elections.Hence Gold,Silver,Crude etc are low....After the US Elections,prices of Commodities may shoot up.I'm buying Gold on dips......
Sensex +111 ; 18793
Nifty Futures [Monthly] , 40 points Premium,22/10/2012
P/C 0.98
vix[fear index]:-
India - 13.04;-1.50;-10.32%
Institutional Purchases:-
Foreign D/M/Y :- Rs Crores - + 242
Indian Rs Crores :- -138
BDI $ 1037;+27;+2.67%;[US Dollar weakening];;Above 200 DMA of 897;QE announced by both the US Federal Reserve and ECB.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold 1729 $/US Oz
Silver 1043 $/kg
Copper 3.6235 $/lb
Reuters CRB Index US $ 303.51
Brent Crude 109.72 $/bbl
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Crude Oil (Indian Basket) 18/10/2012
- In US Dollar ($/bbl) 111.25
- In Indian Rupees (`/bbl) 5892.91
- last fortnight " " 5806.61 [October 1st to 15 th,2012]
Exchange Rate (`/$) 52.97
----------------------
US Dollar Index 79.55
Re V Dollar 53.47
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 52.8 in September, 2012,the same as in August.this year In January, the PMI reading was 57.5.
Above 50 indicates growth.
2 comments:
Dear Mr.Veerar,
My name is Harshita and I am writing to you from ValueNotes.com.
I find your blogs on currency, anlaysis and markets, very interesting and feel that the readers on valuenotes.com would also be interested in reading your content. I was wondering if you would be interested in syndicating your content to our site?
Valuenotes.com is an aggregator of financial content, our aim is to provide users with multiple views, thereby enabling them to make an educated discussion regarding financial matters. In this context, we (ValueNotes.com) try to maintain an unbiased or neutral view, giving exposure to the research and opinions of a wide variety of individuals, financial portals and brokerage houses - and allowing the user to choose what he likes.
In return we will create a profile in your name under our Expert Author section and promote your writing across our site.
If this proposition interests you, (and I hope it does) please do write in to me at harshita@valuenotes.com.
Looking forward to a positive response,
Regards,
Harshita Sinha
Dear Miss Harshita,
My e-mail, ACCEPTING your offer,resulted in a reply that the e-mail address mentioned by you, IS BLOCKED.
Pl.mention how to contact,you in this regard [acceptance of your offer to syndicate my blog contents,in the site mentioned by you].
And thanks for your valuable comment.Do visit this blog often.
Regards,
veerar.
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