Sunday, February 7, 2016

WEEKLY TREND;7/2/16

1.IRAN TO DEMAND PAYMENT VIA EURO.THE US DOLLAR MAY FALL.
Commodities may rise in US Dollar-terms.
2.Eurozone Banks are in trouble.Major Global Banks are also in trouble due to exposure to the Derivatives.
3.Indian Stocks may fall further due to bad Global cues and dangerous Geo-political situation due to Syria and Iraq.
4.$ BDI 297,the lowest ever.Shipping Cos in trouble,as also the Global Economy.200  DMA 710.51.
5.Gold Rs 27524/10 Grams
6.Silver Rs 35806/Kg
Physical Silver looks attractive,s wars are on and it is used in Missiles.
7.Rupee 67.64 V $
8.US Dollar index 96.96
9.NG Rs 139.50/mm Btu
10.Brent Rs 2157,# 34.06 / bbl
11.BitCoin $378.40

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