Derivatives lack collateral and hence ,it seems,the US Federal Reserve is resorting to QEs,RRPs[Reverse Repurchase Agreement],for the US Treasuries to ACT as the same[collateral is being created by printing money,reducing Liquidity etc].
A revisit to 2008 is most likely as per many experts.
Sensex -555.8; 2786.21
Sensex may fall further due to the retrospective taxation on the FIIs to the tune of Rs 40,000 Crores and anticipated poor Q4,from India Inc.
Rupee 63.08 V the US Dollar
U S Dollar Index 97.96
Gold MCX Futures Rs 26829 / 10 Grams.rise due to Akhsay Trithiya.
Silver MCX Futures Rs 36080/10 Grams.Silver seems good for Trading now.Long term also,good.
Brent $ 63.45 / bbl
NG Rs 161 /mm Btu
A revisit to 2008 is most likely as per many experts.
Sensex -555.8; 2786.21
Sensex may fall further due to the retrospective taxation on the FIIs to the tune of Rs 40,000 Crores and anticipated poor Q4,from India Inc.
Rupee 63.08 V the US Dollar
U S Dollar Index 97.96
Gold MCX Futures Rs 26829 / 10 Grams.rise due to Akhsay Trithiya.
Silver MCX Futures Rs 36080/10 Grams.Silver seems good for Trading now.Long term also,good.
Brent $ 63.45 / bbl
NG Rs 161 /mm Btu
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