INR recovers on stocks, Bonds fall on supply, Stocks rally
US housing and durable goods upbeat send cheer, China suggests alternative reserve currency??????, US may expand IMF drawing rights, Oil slips on stock buildup
Trikona investors say wind up, RBS Indian assets Indusind in fray, Hyderabad 100 storey postponed , Nuclear Power Eurobond
Rupee
INR opened at 50.58 .INR rebounded from 1W lows on Wednesday on late...
Posted by
rupa on Mar 24th, 2009 in
Commodity |
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In the Indian context, warehouses are necessary for the commodity sector and commodity future trading especially for farmers because agricultural commodities constitute a major segment of the Indian economy. Warehousing forms the basic platform of delivery based trading in commodity futures. Warehouses play a significant and decisive role in the proper and efficient functioning of commodity futures trading, as most...
INR stronger on $ weakness and stock market, Cash a plenty , Bonds auction woes, Stocks fight back with Obama’s help
US says will purge bank’s balance sheet of Toxic assets, Oil up , Cu up , Stock Markets Spiral , $ , gold , Yen Fall as cheer return to Euro. EXISTING HOMES IN US get sold
Rupee
INR opens at 50.20/21 .INR strengthened for a 4th session on Monday, buoyed by strong stocks INR closed at 50.46/47...
A combination of falling food articles & fuel prices and a high base effect from last year have led inflation this week to the historical low of 0.44%. The numbers were lower than the forecasted figure of 0.89% of Reuters but certainly in line with the trend that economy had expected. Annual inflation as measured by Wholesale Price Index was at 2.42% in the week before and at 7.78% in the corresponding week...
LME Warehouse has most important place in the base metal trading. It gives the indication about the stock position of the base metal in the warehouses. The inventories in the warehouses impact the prices of the base metal in the market. Inventories have a negative correlation with the prices of base metal. When the inventories increase in the warehouses then the prices of base metal decline in the market and vice...