1.Gold price is being suppressed for the PRIMACY of the US Dollar.
2.China unhappy with the devaluation of the Yen.
3.Commodities prices dip.
4.Commodities turnover falls for the first time since the inception,of Futures Commodity Trading in 2003.
Sensex ; -12 ; 18438
vix[Volatility index]:-
India - 16.77;+ 0.61;+ 3.77 %
Institutional Buying:-
i)Foreign Rs Crores - -165
ii)Indian " " - +213
BDI $ 858;-3;-0.35%
Below 200 DMA of 864.Unable to pierce the previous HIGH.
GLOBAL ECONOMY in trouble,
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too.
Gold 1573 $/US Oz ; Rs 29540 / 10 grams[MCX]
[ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and Copper($500),on 16/11/2012.
Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]
Silver 876 $/kg ; Rs 51198 /Kg [MCX}
Copper 3.3900 $/lb
CCI or Reuters CRB Index US $ 289.18
Brent Crude 104.82 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 103.96/bbl [57% in Indian Crude basket];8/4/2013
Indian Crude Basket as per the above $104.33/bbl [8/4/2013 One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Data from THIS link
Crude Oil (Indian Basket 4/4/2013
- In US Dollar ($/bbl) 105.06
- In Rs (`/bbl) 5741.53
- last fortnight " " 5752.03[March 15 th to 31st,2013]
Exchange Rate (`/$) 54.65
----------------------
US Dollar Index 82.65
Rs V Dollar 54.44
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 51.4 for march[Power Shortage] against 54.2 in February, 2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly] about 18 points , PREMIUM,8/4/2013
P/C NIFTY- 0.73
2.China unhappy with the devaluation of the Yen.
3.Commodities prices dip.
4.Commodities turnover falls for the first time since the inception,of Futures Commodity Trading in 2003.
Sensex ; -12 ; 18438
vix[Volatility index]:-
India - 16.77;+ 0.61;+ 3.77 %
Institutional Buying:-
i)Foreign Rs Crores - -165
ii)Indian " " - +213
BDI $ 858;-3;-0.35%
Below 200 DMA of 864.Unable to pierce the previous HIGH.
GLOBAL ECONOMY in trouble,
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too.
Gold 1573 $/US Oz ; Rs 29540 / 10 grams[MCX]
[ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and Copper($500),on 16/11/2012.
Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]
Silver 876 $/kg ; Rs 51198 /Kg [MCX}
Copper 3.3900 $/lb
CCI or Reuters CRB Index US $ 289.18
Brent Crude 104.82 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 103.96/bbl [57% in Indian Crude basket];8/4/2013
Indian Crude Basket as per the above $104.33/bbl [8/4/2013 One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Data from THIS link
Crude Oil (Indian Basket 4/4/2013
- In US Dollar ($/bbl) 105.06
- In Rs (`/bbl) 5741.53
- last fortnight " " 5752.03[March 15 th to 31st,2013]
Exchange Rate (`/$) 54.65
----------------------
US Dollar Index 82.65
Rs V Dollar 54.44
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 51.4 for march[Power Shortage] against 54.2 in February, 2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly] about 18 points , PREMIUM,8/4/2013
P/C NIFTY- 0.73
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