Blog Archives

Rupee impact: The Free fall continues, small snag on equities in India signifies end of the 2nd 2013 run in Asia

Unfortunately, with India inc again adding only probably less than 10% of its External Borrowing Capacity in debt, the Rupee and the equity markets have consequently snagged on the  Asian free fall, and now pro bably rupee has a trading

Tagged with: , , , , , , ,
Posted in Financial Markets

The mid-week Trend Update (US Economy and Markets) : European GDPs being a positive surprise on Low expectations

Using a discussion of QE globally to raise the spectre of withdrawal Let me lead with the worries of stripping of QE liquidity by Ben Bernanke fueled in Asia today by Minister Amari’s remarks in the Abenomics government. Amari did

Tagged with: , , , , , , , , , , ,
Posted in Financial Markets

Asia Wednesday 9 am: Rupee weakness predates another correction of the US Dollar

JP Morgan is of course sitting pretty on the best outcome of yesterday’s vote with a 68% vote agreeing with Jamie Dimon’s exemplary record and granting him no interruptions from institutional shareholders Blackrock apparently did not vote for the resolution.

Tagged with: , , , , , , , , ,
Posted in Financial Markets

India Morning Report: Why some rating agencies get ‘brand mileage’ from obscure imperfections and markets rest..

Let’s face it. Any null hypothesis you can think of about the market’s strength or in S&P’s case (as rating agency) and that of even a few (investors)who believe in India’s fundamental turnaround from here (6130) to be of limited

Tagged with: , , , , , , ,
Posted in Financial Markets

IT’S MONDAY: The Fed purchase program is quite a workout for the Market

Fisher seems to have kicked things off immediately with his comments positing that slowing down the $85B monthly bond purchase program could do US some good, Then Chicago Fed reported an ever worsening Midwest CFNAIdata for the month of April

Tagged with: , , , , , , , , , , ,
Posted in Financial Markets

India Morning Report: A new bank, not Citi, 8 not 4 and numerous other slips to the mile..

Vikram Pandit’s new efforts in India with Kampani’s JM Financial may get JM a 10% bump in stock quotes but it is unlikely that his 50% buy of the subsidiary and 490 million warrants worth 3% of the listed company

Tagged with: , , , , , , , , ,
Posted in Financial Markets

India Morning Report: Yen progresses weakness strategy to new levels

Even as Yen progresses jump(down) in currency, Dollar progresses on the long cherished goal of yields going in north just in time for Ben Bernanke to not worry about a lower rate of inflation in his last year on the job,

Tagged with: , , , , , , ,
Posted in Financial Markets

India Morning Report: markets tinker with 6000, shorts fail again

Shardul kulkarni, despite his hanging on to the short trade on the indices since 5800 for the 5600 mark or thereabouts is a pretty chastised man as he leads the discussions of the index topping off at any time and

Tagged with: , , , , ,
Posted in Financial Markets

Bank Results Season: BofA turns in an all round excellence score

Net profits of $2.6 B on just $1.7 B in Loan losses before taxes led the most heavily capitalised bank in the orld to further improve its net Basel 3 Tier I Common ration to 9.42%. Basel 3 weighted assets

Tagged with: , , , , , , , , , , , , ,
Posted in Financial Markets

Bank Policy Tuesday: DMK steals policy limelight, Rate cut hopes of India Inc

Though we did not suspect the political mulligatawny soup that will lead to a face off in the Parliament on the Lankan Tamils issue and should in fact be used by Indian polity to align to US on this issue and come

Tagged with: , , , , , ,
Posted in Financial Markets