1.Many meetings of importance are to take place,this week:-
i.9th Chinese data
ii.12th IIP figure for July for India
12th German Constitutional Court ruling on ESM
iii.13th.FOMC meet for QE3,USA.Important for Stock Markets but individual WEALTH will be ERODED.
iv14th,Inflation figures for August,India
v.15th,ECB decision on Spain;s bail out.
vi.17th.RBI meet.
2.The BALTIC DRY INDEX IS LOW WITH A FALLING TREND.this is a leading indicator.Global Economy is in peril.....A lot of things are being hidden by the Governments.
3.Crude price is HIGH.
4.the US Dollar is falling due to expected QE3.Gold, Silver,Copper and Crude are rising,and THIS TREND MAY CONTINUE.....
Conclusion:-
1. Indices may rise slightly,but WEALTH will be eroded in case of QE3....
2.Global Economy is in peril.
i.9th Chinese data
ii.12th IIP figure for July for India
12th German Constitutional Court ruling on ESM
iii.13th.FOMC meet for QE3,USA.Important for Stock Markets but individual WEALTH will be ERODED.
iv14th,Inflation figures for August,India
v.15th,ECB decision on Spain;s bail out.
vi.17th.RBI meet.
2.The BALTIC DRY INDEX IS LOW WITH A FALLING TREND.this is a leading indicator.Global Economy is in peril.....A lot of things are being hidden by the Governments.
3.Crude price is HIGH.
4.the US Dollar is falling due to expected QE3.Gold, Silver,Copper and Crude are rising,and THIS TREND MAY CONTINUE.....
Conclusion:-
1. Indices may rise slightly,but WEALTH will be eroded in case of QE3....
2.Global Economy is in peril.
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