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Monday, August 19, 2013

Headlines Today

  • INDIAN RUPEE FALLS TO 63.28 ON MCX COMMODITY EXCHANGE.
  • Moody's confirms that India's rating is stable at BAA3 with stable outlook, adds that it has adequate FX reserves for any payments for now.
  • Good News for the UK: The CBI has increased its growth forecast for this year to 1.2% from previous forecast of 1% - But will be of little help
  • INDIAN REUPEES FALL TO 63.28 IN MCX COMMODITY EXCHNAGE
  • Government has to do big announcement otherwise USDINR will be at 65 any time.
  • Fisher says he would favor tapering QE as long as favorable data continues
  • USDINR is now all time low and this week main event FED minutes
  • Thailand cuts growth outlook
  • EURO near week-high on improving economy
  • Indian Government should increase duty of electronic goods
  • USA Stocks beat brics in this year
  • (brics means Brazil Russia India China and South Africa)
  • China's reachest man will invest in England with 1B $
  • European stock decline
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