Showing posts with label Brazilian Currency. Show all posts
Showing posts with label Brazilian Currency. Show all posts

Wednesday, 12 November 2014

Coal ministry ready with auction details for Union Cabinet nod!

The benchmarks are set to open with a gap-up on the back of good news on the macro front and positive cues from Asian markets. Stocks in news are Tata Steel, IOC, Jaiprakash Associate, Eicher Motors, Dr Reddy’s Laboratories and Vivimed Labs.

Today’s Headlines

1) SC frowns on linking Toyota motor brass to non-deployed airbags.

2) Falling car sales puncture tyre companies' hope of revival.

3)
Government panel moots breather for banks on stuck projects.

4) Coal ministry ready with auction details for Union Cabinet nod.

5) Aurobindo Pharma highest bidder for Natrol.

Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf 
Currency Market Headlines

1) Consumer prices rose 5.52 percent in October from a year earlier, the Statistics Ministry said, after a 6.46 percent increase the previous month. That was the slowest pace since the index was created in January 2012.

2) The yen advanced from the weakest level in seven years versus the dollar after Japanese official’s downplayed speculation Prime Minister Shinzo Abe was considering dissolving parliament and postponing a sales-tax increase.

3) Brazil’s real dropped for a second day as the administration of President Dilma Rousseff asked Congress to authorize eased fiscal rules after posting the biggest budget deficit in more than a decade.

Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

Commodity Key Headlines

1) Corn Extends Climb With Soybeans as Arctic Blast Heads for U.S.

2) Why Fewer U.S. Cows Means Higher Costs for Leather Bags.

3) Nickel Leads Metals Lower Before China Industrial Data.

4) Cash-Burning Bets on Oil Rebound Surge in U.S. ETF Market.

5) Oil Tankers Stream toward China as Price Drop Sparks Boom.

6) Strike-Hit South Africa Braces for More Turmoil.

7) Dow Chemical to Sell Angus Unit for $1.22 Billion.

8) Brent Falls Below $80 For First Time in 4 Years on Glut.

Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

Sunday, 4 May 2014

Dollar Declines versus Major Peers Amid Turmoil in Ukraine!

The Indian rupee rose to a three-week high on Friday, posting its first weekly gain in five, helped by dollar selling from state-run banks and tracking gains in regional currencies ahead of a key U.S. jobs growth data later in the day. The 0.7 percent gain in the rupee this week came on the back of large dollar sales by corporate and banks and a recovery in Asian currencies, offsetting a net $1.5 billion in foreign investor selling in debt markets last month that had previously pressured the local unit. The partially convertible rupee closed at 60.16/17 per dollar compared with 60.31/32 on Wednesday, after rising as high as 60.09, a level last seen on April 10.
http://www.rrfinance.com/Reserch/ResearchHome.aspx


Today’s Headlines

1) India’s Rupee Has Biggest Weekly Gain in a Month on Dollar Sales.
2) Pound Climbs to 4-Year High on U.K.’s Resurgent Economic Growth.
3) Mexican Peso Posts Longest Rally since November.
4) Brazilian Real Climbs on Speculation Rousseff Support Declining.
5) Dollar Declines versus Major Peers Amid Turmoil in Ukraine.

For detail information please visit: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf