Thursday, June 20, 2013

20/6/2013 Global Markets Crash,especially the so-called EMs..

1.Ben Bernanke mentioned that by 2014 the QE will be halted.Global Equities crashed.Sensex by 526 points.
     This, may help M M Singh in his Crisis Capitalism.Recall,how the Crude price was taken to about $145/bbl in 2008 for the so called 'Indo-US Nuke Deal".Recall,also that the Annual 3-day "Secret" Meet of the Bilderberg just concluded on the 8th intsant.May-June are "Bilderberg-Months".
     At present, the same is happening, to usher FDI in Defence,hike cap in Insurance FDI,hike Domestically produced NG,Coal prices.
2.M M Singh resorts to Crisis capitalism.The same way as he was,reportedly,PLANTED as Finance Minister........
Sensex    -526 ;  18719  
Nifty Futures [Monthly]    about 15 points  Discount      20/6/2013
P/C  0.80
vix[fear index]:-
India                      19.19; 0.73; 3.95 %
Foreign    D/M/Y :-    Rs Crores -      -2094   
Indian        Rs Crores :-                        +1333
BDI   $           1012 ;+17 ;+1.68%;ABOVE  200 DMA of 853.22.But still LOW.       
Gold       1286 $/US Oz   Rs 26838 / 10 grams [ Manipulation as Crude price ONLY is going up on a weak Dollar but others fall,especially Gold and Silver to some extent.Big Oil and "THE" Bankers?]
 [CME has reduced Margins for Gold,Silver and Copper contracts on 15/11/2012]
Silver     630  $/kg      Rs 41225 / Kg [in India PHYSICAL Silver at about 10% premium] 
Copper   3.0620    $/Lb
Reuters CRB Index US $  279.57
Brent Crude    102.15  $/bbl      [43% Indian Crude basket] [MANIPULATION by the vested interests]
Oman Dubai Crude   [57%R Indian Crude basket]
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Crude Oil (Indian Basket) 19/6/2013
-     In US Dollar ($/bbl) 104.01
-     In Indian Rupees (`/bbl)   6109.55
-     last fortnight      "   "          5805.46  [June    1 st to 15 th, ,2013]
Exchange Rate  (`/$) 58.74
----------------------
US Dollar Index  81.74
Re V Dollar          59.85
HS BC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 50.1 in May,2013.It was 50.7 in April.
The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell to 54.2 in February from January,2013, 57.5.

Above 50 indicates growth.

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