1.The Central bankers are at it again.They have made A weak US Dollar stronger,by QEs[boJ,boE and ECB].PBOC may follow suit.the result:-
i)Gold,Silver,Crude and other commodities, fall in US Dollar terms,though demand may rise,in Eurozone,UK and japan.
ii)Dow falls [due to less Corporate earnings in the USA]and other indices may also fall
Hence Indian Stocks may fall.A correction of 5% is reported,possible.
2.BDI $ 561; 200 DMA 924.79
Global economy is in trouble as this is a leading indicator.
3.Ukraine,Iraq,Syria,Libya,Greece and Fukushima ,are causes for anxiety.
4.USA names ONGC,OIL and IOC for business ties with Iran.These three may ace US sanctions.
Will be updated.....
i)Gold,Silver,Crude and other commodities, fall in US Dollar terms,though demand may rise,in Eurozone,UK and japan.
ii)Dow falls [due to less Corporate earnings in the USA]and other indices may also fall
Hence Indian Stocks may fall.A correction of 5% is reported,possible.
2.BDI $ 561; 200 DMA 924.79
Global economy is in trouble as this is a leading indicator.
3.Ukraine,Iraq,Syria,Libya,Greece and Fukushima ,are causes for anxiety.
4.USA names ONGC,OIL and IOC for business ties with Iran.These three may ace US sanctions.
Will be updated.....
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