Blog Archives

Global Mid-Day Report: Oil stocks thumb down any more “recovery talk”

Retail Gasoline stocks shot up by 4.5 M barrels in the week after having given hope with customers starting drawing down on gas money and inventories flowing to the pump for three months on the trot. Crude Oil inventories on

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Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle, US

US Morning Report: PMI at the lower end of the consensus range, really we need the Economic data?

The House price Index starts the boot on the housing recovery that has lasted a minor 20% uptick at the bottom of the cycle(Its a much repeated chart and there is another 50% in most urban indices to catch up

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Posted in Amitonomics, China, Emerging Markets, Healthcare, Investments, Retail Lifestyle, US

US Morning Report: Earnings Report surprises keep the blight off the crop

..Who will take care of the Drought! In a manner of speaking, record yields in US agriculture of no avail as it takes a 40% downtick in production to get better Corn prices for the Farmers this year, which will

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Posted in Amitonomics, Banking, Retail Lifestyle, US

Global Moves: Brazilian lending crosses 50% of GDP, Korean manufacturing up

Samsung and Kia/Hyundai are going strong as US Imports have held up and thence production Korea sustained at 83 levels. Meanwhile in Brazil Bank credit always in short supply because of fears of hyper inflation has in fact reached record

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Posted in Amitonomics, Bailout Nation, Brazil, Emerging Markets, Europe, European Sovereign Debt crisis, Financial Markets, Global, US

Global moves: Oil revives global economics, India leads, Asia follows (Draft)

Brent below $90 brings with it a despondent stock market globally on abysmal production and services data for June across China, Europe and even USA. However, with OPEC keeping up high production levels and Oil likely to go below $75,

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Posted in Amitonomics, Emerging Markets, Financial Markets, Financial Services, Global, India, India Infrastructure

Global moves: Euro zone sputters ahead of big data tomorrow

IMF weights for BRICs are rising this year to the Top 10 contributors as Eurozone trade surpluses and economic capacities tread declines with the finality of a two decade long restructuring. Trade surplus for the Eurozone was down 60% from

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Posted in Amitonomics, Bailout Nation, Europe, Global, US

US Morning Report: Fed Proposes, Gold and Euro disposed off

Euro looks ripe for a run to 1.25 levels from 1.2710 right now as the markets begin the final hour to lap to the critical FOMC meeting where QE is sanctioned or hinted at in a way palatable to the

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Posted in Amitonomics, Banking, Private Equity, US

US Morning Report : Current Account Deficit stays at 2011 levels, futures trade up

After the full year 2011 Current Account Deficit reported a $473 B in March, today’s data for Q1 remains a large $132 B and apparently it does not hurt the US economy much even as without Investment Income, the goods

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

Staying simple, being HSBC | Banking Insight

HSBC’s investor Day presentation is not out of tune with its marketing campaigns as its Yuan FX desk takes off in London in the Year of the Yuan Dragon.  The online video campaigns are well worth a look see whenever

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Posted in Banking, Europe, Financial Markets, Global

The Week begins: China PMI down to 48.3, India down from 56 to 54.7

Fiscal 2013 began with the March reports continuing to look ugly for China and the rest of Asia. While China’s State survey foretold a 53 PMI manufacturing Index up from 51 in February, the HSBC PMI which excludes some doubtful

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Posted in China, Europe, Global, India