Friday, April 12, 2013

12/4/2013

Commodities Crash.Manipulation.Copper down,bad.Crude down, good.
1.OMCs and Sugar Cos to benefit at Ethanol price Rs 45/Litre,for blending with petrol.
2.February 2013 IIP 0.6%
3.Bitcoin crashes five-fold from $266 to 51.
4.Bank Of Cyprus denies Reuters report of sales 10MT of Gold.
5.BoJ Bond volatility very high,as expected due to the massive QE.

Sensex      ;             -300  ;         18242 
vix[Volatility index]:-            
India  -                       16.45; -0.52; -3.06 %
Institutional Buying:-        
 i)Foreign  Rs  Crores      -         -29
ii)Indian    " "                  -          -312   
BDI   $                                      875;+10;+1.14% 
Above  200 DMA of  861.
GLOBAL ECONOMY  in trouble,as BDI is too low.
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too. 
Gold       1477 $/US Oz ;                  Rs   28215 / 10 grams[MCX]
[ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and  Copper($500),on 16/11/2012.
Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]
Silver      831 $/kg  ;                      Rs      49522 /Kg [MCX}
Copper   3.3525 $/lb    
CCI or Reuters CRB Index US $ 287.21
Brent Crude    102.80  $/bbl                 [43% in Indian Crude basket]
Oman Dubai Crude price  NA [57% in  Indian Crude basket];8/4/2013 
Indian Crude Basket as per the above NA [  One day Lag possible,hence approximate.Pl see previous day's Brent price to get the exact one]
----------------------
Crude Oil (Indian Basket 11/4/2013
-     In US Dollar ($/bbl) 103.17
-    In  Rs   (`/bbl)          5625.86  
-     last fortnight      "   "         5752.03[March 15 th to 31st,2013]
Exchange Rate  (`/$) 54.53
----------------------
US  Dollar Index       82.13
Rs    V Dollar          54.51
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 51.4 for march[Power Shortage] against 54.2 in February, 2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers' Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly]       5 points  , DISCOUNT,12/4/2013
P/C  NIFTY-      0.87

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