Crude lower due to:-
1.Bernanke's admission that QE may be reduced.
2.China's economy not upto the mark.
3.OPEC would like to keep the price of Brent Crude, at $100/bbl
Sensex +68 ; 20215
Nifty Futures [Monthly] about 4 points Discount,30/5/2013
P/C 1.24
vix[fear index]:-
India 16.04 ;-1.82; -10.19 %
Foreign D/M/Y :- Rs Crores - +767
Indian Rs Crores :- -316
BDI $ 811; -7; -0.86%;BELOW 200 DMA of 840.62.
BDI is unable to pierce the previous top.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold 1412 $/US Oz Rs 27158 / 10 grams { Manipulation as Crude price ONLY is going up on a weak Dollar but others fall,especially Gold and Silver to some extent.Big Oil and "THE" Bankers?]
[CME has reduced Margins for Gold,Silver and Copper contracts on 15/11/2012]
Silver 731 $/kg Rs 44421 / Kg [in India PHYSICAL Silver at about 10% premium]
Copper 3.2879 $/lb
Reuters CRB Index US $ 283.76
Brent Crude 102.19 $/bbl [43% Indian Crude basket]
Oman Dubai Crude [57%R Indian Crude basket]
----------------------
Crude Oil (Indian Basket) 29/5/2013
- In US Dollar ($/bbl) 101.19
- In Indian Rupees (`/bbl) 5690.93
- last fortnight " " 5497.73 [May 1st to 15 th, ,2013]
Exchange Rate (`/$) 56.24
----------------------
US Dollar Index 83.08
Re V Dollar 56.38
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 54.2 in February,2013,against 53.2 in January, 2012.In January, the PMI reading was 57.5.
The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell to 54.2 in February from January,2013, 57.5.
Above 50 indicates growth.
1.Bernanke's admission that QE may be reduced.
2.China's economy not upto the mark.
3.OPEC would like to keep the price of Brent Crude, at $100/bbl
Sensex +68 ; 20215
Nifty Futures [Monthly] about 4 points Discount,30/5/2013
P/C 1.24
vix[fear index]:-
India 16.04 ;-1.82; -10.19 %
Foreign D/M/Y :- Rs Crores - +767
Indian Rs Crores :- -316
BDI $ 811; -7; -0.86%;BELOW 200 DMA of 840.62.
BDI is unable to pierce the previous top.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold 1412 $/US Oz Rs 27158 / 10 grams { Manipulation as Crude price ONLY is going up on a weak Dollar but others fall,especially Gold and Silver to some extent.Big Oil and "THE" Bankers?]
[CME has reduced Margins for Gold,Silver and Copper contracts on 15/11/2012]
Silver 731 $/kg Rs 44421 / Kg [in India PHYSICAL Silver at about 10% premium]
Copper 3.2879 $/lb
Reuters CRB Index US $ 283.76
Brent Crude 102.19 $/bbl [43% Indian Crude basket]
Oman Dubai Crude [57%R Indian Crude basket]
----------------------
Crude Oil (Indian Basket) 29/5/2013
- In US Dollar ($/bbl) 101.19
- In Indian Rupees (`/bbl) 5690.93
- last fortnight " " 5497.73 [May 1st to 15 th, ,2013]
Exchange Rate (`/$) 56.24
----------------------
US Dollar Index 83.08
Re V Dollar 56.38
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 54.2 in February,2013,against 53.2 in January, 2012.In January, the PMI reading was 57.5.
The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell to 54.2 in February from January,2013, 57.5.
Above 50 indicates growth.