Archive for the ‘Economy’ Category

China decides on ending Yuan peg

Facing growing pressure from around the world, The People’s Bank of China (PBOC) announced on Saturday that it is prepared to allow the country’s currency to float more freely against the dollar and other foreign currencies. The bank said that “this step is in view of the recent economic situation and financial market developments at […]

Weekly G-Sec update:June19, 2010

  High inflation released on Monday set the tone for the week. As expected, with the release of inflation above 10% mark, yields on benchmark 7.80% 2020 bond rose 8 bps to close at 7.69% on Monday under fears that RBI might be forced to raise rates to tame inflation. Rates also rose after comments […]

Weekly Equity update:June 19, 2010

Moved by strong IIP numbers last week, Sensex continued its upward journey, rising 273 points on the first day of the week. Equity markets almost ignored the high inflation number. The buoyancy continued for the week and markets touched a high of 17,616 on Thursday, its highest since April 27. This was the 7th consecutive day […]

European Crisis

  European Crisis: Snow Ball Effect   The phrase Snow Ball effect draws its analogy with the rolling of a small snow ball down a snow-covered hillside. As it rolls the ball will pick up more snow, gaining more mass and surface area, and picking up even more snow and momentum as it rolls along. […]

China Economy Update

In Economics the term stagflation refers to a situation where the inflation rate is rising along with a fall in output levels. Many eminent economists believe that In China, this could be a possible situation shaping up. Some of the most recent facts that highlight the same are: On Friday the Chinese government released the […]

WPI Inflation update: May 2010

  The WPI for the month of May’10 stood at 10.16% compared to the previous month’s figure of 9.59%. The inflation numbers were higher than the street expectation of 9.56% and recorded a double-digit growth for the first month after trying to avoid it for so many months consecutively, leaving a negative impact on the […]

Weekly crude oil update:June 12, 2010

  Carrying over from the negative sentiment created by weaker than expected US Employment report last week, crude oil started the week on a lower note, but then steadily increased for the week. Prices rose on 4 out of 5 days of the week. Oil inventories at US declined 1.8 mln barrels this week compared […]

Weekly G-Sec update:June 12, 2010

  After trading in a range last week, yields on benchmark 10 year bond, 7.80% 2020 bond steadily rose 9 bps for the week to close at 7.61% for the week. Surge in yields was driven by tight liquidity conditions. On all days of the week, we saw Repo window being active. Daily average of the combined […]

Weekly equity update: June 12, 2010

After 2 consecutive weeks of gains, equity markets ended this week slightly below the last week’s level, loosing 0.3% or 52 points on Sensex to close at 17064.95. First two days of the week saw markets plunging 500 points to a weekly low of 16617 due to concerns of deepening Eurozone crisis. But thereafter, Wednesday onwards, […]

Auto Sector Review

 Friends we are very happy to post the 100th post on MoneyBol.com. In a short time we have got great response from readers and investors like you. Thanks for your appreciation for our research of Economy and Markets. We will continue our endevour to serve you with quality content via MoneyBol.   Our analysts update you […]

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