USA:
04 Feb : MBA Mortgage Application and PMI Services & Composite
05 Feb : Initial Jobless Claims and Trade Balance
06 Feb : Change in Non-farm Payrolls & Unemployment Rate
11 Feb : MBA Mortgage Applications
12 Feb : Monthly Budget Statement, Initial Jobless Claims
18 Feb : PPI, Housing Starts, MBA Mortgage Applications and Industrial Production
26 Feb : CPI, Initial Jobless Claims
27 Feb : GDP
Continue reading Economic Events and Reports for Feb2015
Category Archives: Stock Market News
India Market Weekly Review – 31Jan2015
Indian equity benchmarks touched new record highs during the past week as the Nifty made an all time high of 8996, which it could hold for less than 5 seconds, before profit booking avalanche hit Nifty and dragged it down by 144 points on Friday, 30 Jan 2015, which made Nifty give up all its weekly gains and close marginally down for the week — a negative / bearish indication for coming week.
BSE Sensex closed down by 96 points or 0.3% at 29182, while the Nifty closed at 8808, down by 26 points or 0.30%. Among Nifty constituent stocks, Lupin, BHEL, BPCL, DLF, HDFC Bank, ITC, Reliance, Axis Bank and HCL Technology were top gainers, while Bank of Baroda (BoB), Punjab National Bank (PNB), Cairn India, Infosys, Mahindra&Mahindra, Coal India and state Bank of India (SBI) and ICICI Bank were top losers.
Continue reading India Market Weekly Review – 31Jan2015
Commodity Futures Selling Off in Jan 2015
Crude Oil continues its downtrend. $40 per barrel has been its long term support, which will hold. More important question is whether the global Stock Indices deserve to trade at current levels if global growth is indeed looking bleak.