Weekly Trend;30/9/2012

    A US FII ,which seems to have the connections at the RIGHT places,in India,has predicted the markets would be bullish by the year end.
    An earlier,prediction, around 2008, by this US FII had turned out to be correct....
 That says,about everything....
China and the UAE to use YUAN for Crude Trade. 

Blackberry Reaches Agreement With UAE,Saudi Arabia
             While the details are not available as to the nature of agreements reached,RIM Canada,has escaped ban ,in both UAE and Saudi Arabia,for its Balckberry.
              With India it is in talks.Will Indian Government sacrifice her safety?It will be knwn,after 31st December,2010.

RIM Canada's Blackberry Update
UAE Halts Blackberry Ban.
Blackberry has won a reprieve and its services will continue in UAE,for now.
RIM Canada's Blackberry Update

Telengana problem continues.

The dollar gained:-

 Greece concern drags euro lower ,Pakistan Coup Rumour.

1.BDI 3258(-118,-3.50%) down.US Dollar Index  up(77.77).Rupee 20 paise up   v Dollar @46.71

2.Reuters/Jeffries CRB index 276.2

3.Gold $1112/oz

4.Silver $555/kg

5.VIX 21.68(-3.69%)

6.Crude $73.05/bbl(down 0.42%)

7.Sensex - 174;16120

Telengana problem continues.
The dollar gained:-
1.Year-end trading reduces risk-taking
2. Greece concern drags euro lower

1.BDI 3376(-98,-2.82%) down.US Dollar Index  up(77.47).Rupee10 paise down   v Dollar @46.86
2.Reuters/Jeffries CRB index 276.2(+0.45)
3.Gold $1097/oz
4.Silver $557/kg
5.VIX 22.51(+9.59%)
6.Crude $72.95/bbl
7.Sensex -18;16894

Telengana problem continues.
The dollar gained, after the Federal Reserve left rates near zero and reiterated they would stay ultra-low for a while, as the economy slowly emerges from the recession.
UAE markets resume slide as Dubai euphoria fades

Dubai’s index fell 1.5 percent after being up about 7 percent ,as analysts warned worries over Dubai’s debt position remain high on investors’ minds despite Monday’s $10 billion bailout from Abu Dhabi.
1.BDI 3474(-44,-1.3%) down.US Dollar Index up(76.91).Rupee 3 paisedown v Dollar @46.56
2.Reuters/Jeffries CRB index 275.75(+1.47)
3.Gold $1138/oz
4.Silver $568/kg
5.VIX 20.54(-4.42%)
6.Crude $72.75/bbl
7.Sensex +35.61;16912.77