Month: March 2014

Sensex’s Sensational SIX days . . . .

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Sensex's Sensational SIX days . . . .

#IndiaStockIndex #BseSensex #Sensex Sensational SIX days touching new life time high every day , Today it touched New All Time High of 22467.21

#Sensex Closed at 22386.27 Change: 46.30 (0.21%) High: 22467.21 Low: 22253.78

#Nifty Closed at 6704.20 Change: 8.30 (0.12%) High: 6730.05 Low: 6662.40 as on 31st March 2014 4:00PM IST

#EuropeanStockIndex update for Friday 28th March 2014

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#EuropeanStockIndex update for Friday 28th March 2014

#Europe #EuropeanFinancialMarkets #EuropeanStockIndex update for Friday 28th March 2014
#Cac40 – Benchmark Index of #France #Paris Bourse #Euronext
#Dax30 – Benchmark Index of Germany #Frankfurt Stock Exchange
#FTSE100 – Benchmark Index of United Kingdom #London Stock Exchange
#Ibex35 = Benchmark Index of Bolsa de Madrid or #Madrid Stock Exchange #Spain

Sensex Calendar : Sensex sensational performance for March 2014

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#SensexCalendar : Sensex sensational performance for March 2014

#SensexCalendar : Sensex sensational performance for March 2014

#Sensex last week : 5 days of New Highs and 5 days above 22000 ….

#IndiaStockMarketBenchmarkIndex #BseSensex performance Calendar for the month of March 2014

#BSE #BombayStockExchange #IndiaStockMarketUpdate #Finance #IndiaInvesting
#IndiaEquityMarket #IndiaStockIndex

Jhunjhunwalas LinkedIn Company Profile

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Jhunjhunwalas LinkedIn Company Profile

Jhunjhunwalas LinkedIn Company Page

#JhunjhunwalasLinkedInCompanyPage :

Germans’ Economic Optimism in Recovery

Posted on

March 24, 2014

But feelings about household income lag behind

by Elizabeth Keating

WASHINGTON, D.C. — As Germany led minimal improvements in GDP growth in the euro area last year, Germans were more optimistic about their national economy in 2013 than they have been since the global economic crisis. The four in 10 Germans who believed their country’s economy was getting better led all eurozone countries, far outpacing the region’s second-largest economy, France, where only 3% saw things getting better at the time.

032414 Germany econ recovery

As one of the main funding countries for economic bailouts, this recovery in opinions on the country’s economy could partly reflect Germans’ optimism as the broader European Union economy emerged from recession in the second quarter of 2013. Germans’ optimism about the national economy almost recovered to the higher levels seen before the financial crisis of 2008. Though almost half the population (46%) believed the economy was getting worse in 2013, this is an improvement from the 54% who said the economy was declining in 2012 and particularly from the 70% who said so in 2008.

Germans See Better Living Standards

At the same time, Germans’ confidence in their standard of living hit its highest point since Gallup started measuring it in 2007. This increasing positivity could be related to Germany’s unemployment rate, which is at its lowest point in years and is the second lowest in the EU after Austria. Forty-three percent of Germans said their living standards were getting better, again leading the eurozone in optimism. While a quarter (24%) of Germans felt their standard of living was getting worse in 2013, this was a significant improvement from the 51% who felt this way in 2008.

032414 Germany econ recovery

Feelings About Household Income Flat

While feelings about the state of the national economy and personal living standards improved dramatically, Germans’ feelings about their household incomes have remained fairly stable. In 2013, 30% of Germans reported they were living comfortably on their present income and an additional 51% said they were getting by.

032414 Germany econ recovery

These percentages are higher than average for the EU as a whole, where 23% report they are living comfortably and 45% say they are getting by. For both the broader EU and Germany specifically, the percentage of people who report they are living comfortably on their household income has not recovered to pre-crisis levels (in 2007, 34% of EU residents said they were living comfortably).

Germans’ stagnant assessments of their household incomes could partially explain the low domestic spending seen in the last quarter of 2013. Economic growth in Germany between the third and fourth quarters was driven primarily by foreign trade, increasing GDP by 1.1%, not by domestic demand, which cut GDP by 0.7%.

Germans’ Economic Optimism in Recovery.

India’s Thematic Index performance on NSE

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India’s Thematic Index performance on NSE

India’s Theme based Index or Thematic Index performance which are listed on NSE #NationalStockExchange performance 28th March 2014

CNX 500 Shariah or #Nse500Shariah compliance Index covers 500 Companies with more than 90% of total market capitalization and 80% of total traded volume on NSE

CNX Nifty #Shariah compliance Index covering Nifty 50 Companies

#NseServiceSectorIndex = Service sector related listed companies Index

#NsePSE = PSE Government owned Public Sector Enterprises Listed companies Index

Iceland Central Bank holds Policy rates last week

Posted on

19th March 2014

The Central Bank of Iceland held its policy rates steady and eased up on its previous warnings about the need for rate hikes to curb inflation, saying short-term expectations for inflation had declined while long-term expectations still remain well above the bank’s target.
    “Because inflation is lower, the krona stronger, and wage increases smaller than was forecast in February, the medium-term inflation outlook has improved from previous estimates,” said the central bank, which kept its benchmark seven-day lending rate at 6.0 percent in 2013 after raising it by 125 basis points in 2012.
    Iceland’s inflation rate eased to 2.1 percent in February from 3.1 percent in January, the lowest rate since February 2011. The bank said data showed that over the past two years, wage costs per man-year had risen considerably less than previous data had suggested and last year’s wage deals would apply to most of the labour market.
    The central bank targets inflation of 2.5 percent and last month forecast that inflation in 2014 would average 2.7 percent, rising to 3.4 percent in 2015.
    The central bank has been warning about the need for rate hikes for many months and in February it said that its policy stance could be tightened sooner than expected due to the outlook for growth.

    The central bank has forecast Gross Domestic Product growth of 2.6 percent in 2014 and 3.7 percent in 2015 and the bank said the outlook for increased growth in demand will, other things being equal, call for an increase in the interest rates.
     However, measures that support monetary policy, including medium-term fiscal policy, could offset this while improvements to the economy’s supply side could weaken the inflationary effects of increased demand.
    “Whether there is scope for a nominal interest rate reduction will depend on developments in inflation and inflation expectations in coming months,” the bank said.
    Further ahead, the bank said real interest rates “must be raised” if the expected outlook materializes but the extent of the increases would depend on inflation.
    Iceland’s GDP expanded by 0.3 percent in the fourth quarter of 2013 from the third quarter for annual growth of 3.8 percent, down from 4.9 percent in the third quarter.
  The Icelandic krona rose 10 percent in 2013 and has continued to rise this year. Against the U.S. dollar, the krona was trading at 112.85 today, up 2.7 percent this year

Iceland holds rate, says inflation outlook has improved – Central Bank News.

Chile Central Bank cuts Policy Rates by 25 bps in the second week of March

Posted on

13th March 2014

Chile’s central bank cut its policy rate by another 25 basis points to 4.0 percent, as expected, and said it “will consider the possibility of making additional cuts to the policy rate,” signaling that it may be getting closer to ending its easing cycle.
    The Central Bank of Chile, which has cut its rate by 100 basis points since embarking on an easing cycle in October last year, said that it would consider additional cuts in line with the evolution of domestic and external economic conditions and how they impact the outlook for inflation.
    “The Chilean economy has continued to lose strength,” the bank said, adding that domestic output and demand had grown less than forecast, particularly in investment-related sectors.
    Chile’s Gross Domestic Product expanded by 1.3 percent in the third quarter of 2013 for annual growth of 4.7 percent, up from 4.0 percent in the second quarter.
    But in January the unemployment rate jumped to 6.12 percent from 5.67 percent in December.
    At the same time, inflation continued to accelerate in February, hitting 3.2 percent and continuing the rise since a 2013-low of 0.9 percent in May.

    The rise in inflation reflected higher cost of food and fuel along with the depreciation of the peso.
     Chile’s peso started depreciating in May last year, along with many other emerging market currencies, and has continued falling this year. In 2013 it lost 8.8 percent against the U.S. dollar and this year it has lost another 8 percent, trading at 570.9 to the dollar earlier today.
    The central bank said recent developments in China had a negative impact on the prices of copper and metals – Chile is the world’s largest copper exporter – and agricultural prices had picked up recently while fuels were close to where they were a month ago

Chile cuts by 25 bps, to consider possible further cuts – Central Bank News.

Indian Currency Rupee #RBI Reference Rate for the month of March 2014

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Indian Currency Rupee #RBI Reference Rate for the month of March 2014

Indian Currency Rupee #RBI Reference Rate for the month of March 2014

India Currency Rupee Exchange Rate against #USDollar #GreatBritishPound #Euro #JapaneseYen

Compiled and Issued by India’s Central Bank RBI Reserve Bank of India

India Forex Reserves update

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India Forex Reserves update

India’s Foreign Exchange Reserves at US Dollar 297 billion plus as on 14th March 2014

Data Released by India’s Central Bank RBI Reserve Bank of India

1 or One Billion United States Dollar is currently around 6100 Crores in Indian Rupee terms currently

#IndiaForeignExchangeReserves #IndiaForexReserves