1.Japan's economic problems are the most severe in the World.
2.Withholding Tax Rates reduced by 75% for FIIs and QFIs.
3.Bernanke to testify about the US economy on 22/5/2013.[Note BDI is low and is in a falling trend]
2.Withholding Tax Rates reduced by 75% for FIIs and QFIs.
3.Bernanke to testify about the US economy on 22/5/2013.[Note BDI is low and is in a falling trend]
Sensex -112 ; 20112
Nifty Futures [Monthly] about 5 points Premium,21/5/2013
P/C 1.35
vix[fear index]:-
India 17.88; 0.17; 0.96 %
Foreign D/M/Y :- Rs Crores - +679
Indian Rs Crores :- -867
BDI $ 830; -6; -0.72%;BELOW 200 DMA of 840.54.
BDI is unable to pierce the previous top.
Shipping,GLOBAL ECONOMY and Markets in trouble.
Gold 1376 $/US Oz Rs 26079 / 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 721 $/kg Rs 43141 / Kg [in India PHYSICAL Silver at about 10% premium]
Copper 3.3370 $/lb
Reuters CRB Index US $ 287.92
Brent Crude 103.65 $/bbl [43% Indian Crude basket]
Oman Dubai Crude [57%R Indian Crude basket]
----------------------
Crude Oil (Indian Basket) 20/5/2013
- In US Dollar ($/bbl) 102.50
- In Indian Rupees (`/bbl) 5641.60
- last fortnight " " 5497.73 [May 1st to 15 th, ,2013]
Exchange Rate (`/$) 55.04
----------------------
US Dollar Index 83.76
Re V Dollar 55.30
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.
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