1.The eagerly awaited FOMC Meet,on 26/8/16,was a surprise.While,Yellen sounded Hawkish and Dovish,with a confusing signal,Stanley Fischer, was point blank and asserted that there would be rate hike,next month.
Expect:-
i)Commodities and Commodity shares to fall
ii)The US Dollar to rise
iii)FPIs to move money from EMs.India's Sensex and Nifty may fall.
2.Sensex fell to 27782
3. Gold Rs 30990/10 Grams
4.Silver Rs 43875/Kg
5.Rupee 67.06 V $
6.USD Index 95.20
7.HUI 239.58
8.$ BDI 720,200 DMA 533.46
9.Brent $ 49.92/bbl
10.NG Rs 196/mm Btu
Expect:-
i)Commodities and Commodity shares to fall
ii)The US Dollar to rise
iii)FPIs to move money from EMs.India's Sensex and Nifty may fall.
2.Sensex fell to 27782
3. Gold Rs 30990/10 Grams
4.Silver Rs 43875/Kg
5.Rupee 67.06 V $
6.USD Index 95.20
7.HUI 239.58
8.$ BDI 720,200 DMA 533.46
9.Brent $ 49.92/bbl
10.NG Rs 196/mm Btu
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