Macro Economy Discussion Forum

Reputation: 7,944 • Oct 20, 2022 4:08 AM

************Dollar flying or Rupee falling (Explained) ######

There are around 200 countries in the world and each has their respective currency and all currencies maintain an exchange rate with the currency of other countries

Exchange rate of a currency depends upon the supply......read more

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Reputation: 17,558 • Oct 19, 2022 2:41 PM

News:
☀️ Exclusive Morning Market News & Update☀️
🍁Bharat Electronics: The company signed an MoU with defence PSU Munitions India to jointly address the requirements of Indian defence and export markets in the areas of ammunition, explosives and related systems.
🍁Adani Enterpri......read more

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Reputation: 17,558 • Oct 18, 2022 2:31 PM

News:
☀️ Exclusive Morning Market News & Update☀️
🍁Shriram Transport Finance: The company opened the offer to buy back senior notes maturing in 2023 worth up to $500 million (Rs 4,106.28 crore), issued under its global medium-term note programme.
🍁Aster DM Healthcare: Aster Pha......read more

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TradeAdda

Reputation: 59,428 • Oct 14, 2022 12:53 AM

US INFLATION
Headline
M/M: 0.4% (exp. 0.2%, prev. 0.1%)
Y/Y: 8.2% (exp. 8.1%, prev. 8.3%)
Core
M/M: 0.6% (exp. 0.5%, prev. 0.6%)
Y/Y: 6.6% (exp. 6.5%, prev. 6.3%) 
#MacroEconomy

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Reputation: 17,558 • Oct 13, 2022 2:54 PM

* Pre-Market Expiry View 13 October 2022:*
● *Focus* will now be on the US CPI data which is scheduled to be announced today.
Dollar Index at  levels of 113.30 with US 10 year Bond Yield  trading higher at 3.92% is a cause of concern for markets. 
● Index on Wednesday, post a mar......read more

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TradeAdda

Reputation: 59,428 • Oct 12, 2022 11:59 PM

#MacroEconomy

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Reputation: 7,944 • Oct 12, 2022 7:14 PM

Indians soon will be able to make payments via UPI and RuPay cards, in Europe. NPCI joins hands with Worldline to facilitate payment via UPI and Rupay in Europe.

It will be soon rolled out in Belgium, Netherlands, Luxembourg and Switzerland.

Further plans for expansion in more ......read more

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Reputation: 7,944 • Oct 12, 2022 4:17 PM

IMF lowers India's FY23 growth forecast to 6.8% on slower revival, tepid demand

The multilateral agency's latest cut to its India growth forecast takes it below that of the Reserve Bank of India

Moneycontrol

https://www.moneycontrol.com/news/business/economy/imf-cu...

#NIFTY50     #MacroEconomy

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Reputation: 6,354 • Oct 12, 2022 2:00 PM

Globally, Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China.Both benchmarks fell 2% in the previous session.On the supply side, U.S. crude oil s......read more

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Reputation: 7,423 • Oct 12, 2022 5:12 AM

NY Fed: One-year inflation expectations fall
The Federal Reserve Bank of New York reported that median one-year-ahead inflation expectations dropped by 0.3 percentage points to 5.4%, representing the lowest figure since September 2021.
The New York Fed's September 2022 Survey of ......read more

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Reputation: 7,423 • Oct 12, 2022 5:09 AM

Mester: Fed yet to make progress on lowering inflation
Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that the central bank is yet to make any progress on bringing inflation down.
Mester acknowledged that "high and persistent inflation" remains the US ......read more

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Reputation: 7,423 • Oct 12, 2022 5:09 AM

US markets reverse course, Dow up 350 pts
Stock exchanges in New York erased previous losses and the Dow Jones Industrial Average index soared over 350 points on Tuesday. Investor confidence seemingly improved in anticipation of the third-quarter corporate earnings season and con......read more

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OptionMasterCalls

Reputation: 65,395 • Oct 12, 2022 12:42 AM

IMF growth forecast for 2023.
🇮🇳 India is 6.1% above China 🇨🇳  and US 🇺🇸 
#MacroEconomy

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Reputation: 6,354 • Oct 11, 2022 2:32 PM

Globally, Oil prices fell on Tuesday, extending nearly 2% losses in the previous session, as a stronger U.S. dollar and a flare-up in COVID-19 cases in China increased fears of slowing global demand. India maintains a "healthy dialogue" with Russia and will look at what is offere......read more
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Gyanee

Reputation: 9,054 • Oct 11, 2022 12:21 PM

Compairing Interest Rate Hiking...read more

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Reputation: 7,423 • Oct 11, 2022 3:46 AM

IMF, World Bank warn of heightened recession risk
World Bank Group President David Malpass warned of increased risk and "real danger" of a global recession at a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Monday. Meanwhile, the IMF pro......read more

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Reputation: 7,423 • Oct 11, 2022 3:43 AM

Wall Street turns to losses, Nasdaq at 2-year low
United States stock markets reversed earlier gains on Monday and traded lower. The Nasdaq 100 dropped over 1%, reaching its lowest point since September 2020. Investor confidence is likely to be shaken by stark warnings about the ......read more

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Reputation: 7,423 • Oct 11, 2022 3:42 AM

Europe ends mostly lower after volatile session
Major European indexes closed mostly in the red on Monday following a volatile session. Investors continued to worry about the tensions regarding Ukraine and North Korea, as well as the state of the global economy after the World Ba......read more

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Reputation: 7,423 • Oct 11, 2022 3:41 AM

JPMorgan's Dimon expects recession in US in 6-9 months
JPMorgan Chase CEO Jamie Dimon told CNBC on Monday that the United States economy is "still doing well" but that he expects it to enter a recession within the next nine months.
Dimon warned that high inflation and rising inte......read more

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Reputation: 17,558 • Oct 9, 2022 3:51 PM

Wednesday (October 12) 
 
India Consumer Prices: Consumer price inflation rate rose to 7 percent in August from 6.7 percent in July, exceeding market expectations. Data for September will be released. 
 
India Industrial Production data: India's industrial production advanced by ......read more

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Reputation: 6,354 • Oct 8, 2022 2:39 PM

Global Market meltdown overnight after US monthly job data came yesterday. NFP  added 263K vs 250K, whereas unemployment rate fell to 3.5%, whereas Manufacturing & Price Payrolls added substantially more than expected 22K & 288K respectively. 

With 10Y Yields rising again near 4......read more
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TradeAdda

Reputation: 59,428 • Oct 8, 2022 2:35 AM

*US Sept. Nonfarm Payrolls Rose 263k; Unemp. Rate at 3.5%*
-Nonfarm payrolls forecast est. 255k (199k to 389k); 74 economists surveyed 
-Nonfarm payrolls, net revisions, 11k from prior two months
-Nonfarm payrolls rose 263k vs prior 315k in prior month
-Nonfarm private payrolls r......read more

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Reputation: 3,070 • Oct 8, 2022 2:03 AM

#MacroEconomy 
US September Job Data is out!!
Stocks fell on Friday morning as traders evaluated September's jobs report, which showed the unemployment rate continuing to decline and sparked an increase in interest rates.

This led to 650 points plunges in Dow Jones and Almost 20......read more
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Reputation: 6,354 • Oct 7, 2022 2:30 PM

Globally, Oil prices fell on Friday as markets awaited more economic cues.Both contracts Brent & WTI were up 7.4% and 11% this week, respectively, and were set for their best weekly gain since March.Goldman Sachs (NYSE:GS) has raised its oil price forecast for this year and 2023,......read more

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Reputation: 7,423 • Oct 7, 2022 5:05 AM

ECB: Euro depreciation could add inflationary pressures
The European Central Bank stated Thursday that the euro's depreciation over the past year could add to inflationary pressures for the euro area.
In its latest account of the Governing Council monetary policy meeting, the ins......read more

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Reputation: 7,423 • Oct 7, 2022 5:03 AM

Europe closes lower after ECB's remarks
Major stock market indexes in Europe closed lower on Thursday after the European Central Bank warned that the decline in the value of the euro could contribute to the inflationary pressures in the Eurozone. Before that, the latest report re......read more

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Reputation: 7,423 • Oct 7, 2022 5:02 AM

Fed's Cook: Front-loading rate hikes positive
Federal Reserve Governor Lisa Cook pointed out on Thursday that introducing larger interest rate increases in the early stages of tightening the monetary policy, or front-loading, has "several positive features." Front-loading is a "p......read more

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OptionMasterCalls

Reputation: 65,395 • Oct 6, 2022 2:25 PM

Good Morning Have a Profitable Day.
💥 SGX Nifty indicating a 140+ Points gap Up.
💥 Nifty probably open above 17400.
💥 Nifty after opening huge gap up may continue for more 80-90 Points upto 17470/17500
💥 US Futures are Green. (+152)
💥 Asian Futures are green.
💥 Crude at 717......read more

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Reputation: 6,354 • Oct 6, 2022 2:24 PM

Globally,  Oil prices rose for a fourth session on Thursday, with Brent at a three-week high, after OPEC+ agreed to further tighten global crude supply with a deal to slash production by about 2 million barrel per day, the largest reduction since 2020.A draw in U.S. oil stockpile......read more
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Reputation: 7,423 • Oct 6, 2022 3:05 AM

Wall Street opens lower, Dow dips over 280 pts
Major United States markets opened lower on Wednesday despite previous sessions' optimism which fueled the markets due to a possible dovish movement by the Fed in October's meeting.
During the premarket session, Automatic Data Proces......read more

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Reputation: 7,423 • Oct 6, 2022 3:03 AM

Europe closes lower after lukewarm data
Major stock market indexes in Europe closed lower on Wednesday following disappointing results of the surveys on Germany and the United Kingdom's services sectors and the business activity in the Eurozone. Meanwhile, the Organization of the......read more

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Reputation: 7,944 • Oct 6, 2022 2:42 AM

अमेरिका का National Debt $31 Trillion से ज्यादा हो गया है..... अमेरिका के इतिहास में इतना ज्यादा कर्जा कभी नहीं हुआ

लेकिन दुनिया में कोई फुसफुसा तक नहीं रहा है.

वहीं भारत का External Debt (सरकार और Private entities का मिला कर) 600 Billion Dollar है.....और Washington Post से लेक......read more

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Reputation: 3,070 • Oct 5, 2022 10:05 PM

Are one more Lehman Brother crises possible ?????

A year ago, Credit Suisse had a market cap of $22.3 billion. Today, its market value is only $10.4 billion, and the shares have fallen 56.2%. Its credit default swaps (CDS) costs have also hit the highest since 2008. CDS offers p......read more
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Reputation: 6,354 • Oct 4, 2022 2:25 PM

Globally, Oil prices inched higher in early Asian trade on Tuesday, on expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday but concerns about the global economy capped gains. Oil prices rallied on Monday on renewed concerns about supply tig......read more
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Reputation: 7,944 • Oct 4, 2022 2:19 PM

RED ALERT🔴🔴🔴🔴

2.8 trillion at stake if Credit Suisse goes down compared to 600 billion of Lehman. This is the crisis that awaits the mkts

...Europe markets, lending institutions, banks are just a brink of massive collapse. Credit bubble can burst anytime

This can trigger b......read more

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koundinya1986

Reputation: 9,018 • Oct 4, 2022 1:16 PM

Indian Economy News Highlights:

India’s rate-setting panel headed by RBI Governor Shaktikanta Das may raise the benchmark interest rate by 50 basis points to 5.90%, according to 34 of 46 economists in a Bloomberg survey. 11 predict a 35 basis points hike and one for a 25 basis p......read more

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Reputation: 7,423 • Oct 4, 2022 4:10 AM

European stocks close higher amid data, Ukraine crisis
Major European stock markets closed higher Monday amid the publication of fresh economic data and reports on the situation in Ukraine. The latest reports on the Ukraine crisis indicate that pressure in the Nord Stream transit......read more

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Reputation: 7,423 • Oct 4, 2022 4:09 AM

Fed's Barkin: 2% remains inflation target
United States Federal Reserve Bank of Richmond President Tom Barkin remarked on Monday at the Technology Enabled Disruption Conference in Atlanta that achieving the inflation target of 2% remains the central bank's main goal but noted tha......read more

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Reputation: 3,070 • Oct 3, 2022 7:33 PM

#MacroEconomy 

Credit Suisse is on the verge of bankruptcy. Stock is down 10% today and fighting for its survival.
What's your thought this could be the next Lehman Lehman brothers??

Because of this #NIFTY50 fall about 100 points from its day high after the Europen market opene......read more

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Reputation: 3,070 • Oct 3, 2022 4:19 AM

Weekly view for #NIFTY50 

On Friday, RBI announced the rate hike of 50 basis points which is in line with the market expectation as well as RBI told at 6.7% of inflation t there is no chance of a Recession in India which led to an increase of 250 points in nifty and it closed at......read more

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Reputation: 7,944 • Oct 1, 2022 5:19 PM

#NIFTY50        #MacroEconomy

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ayushmaansingh

Reputation: 6,713 • Sep 30, 2022 11:50 PM

Repo rate hiked by 50 bps to 5.9% leads to FY23 GDP forecast cut to 7%
#MacroEconomy 

Good or Bad for the Economy ??

CPI inflation for the current financial year is seen at 6.7%, with the price gauge seen at 7.1% in July-September
The RBI’s target for CPI inflation is 4 percent......read more

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RevanthNiftyRadar

Reputation: 15,448 • Sep 30, 2022 8:35 PM

INDIA'S RBI is encouraging state-run refiners to reduce dollar buying in spot market -RTRS
#MacroEconomy

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Reputation: 7,944 • Sep 30, 2022 6:20 PM

आरबीआई गवर्नर शक्तिकांत दास की प्रेस कॉन्फ्रेंस की अहम बातें:

> भारत की अर्थव्यवस्था स्थिर, कुछ समय और झेलनी पड़ेगी महंगाई का खामियाजा

>कोरोना महामारी, रूस-यूक्रेन युद्ध का विश्व पर प्रभाव, वैश्विक स्तर पर लगातार चुनौतीपूर्ण स्थिति के बावजूद भारतीय अर्थव्यवस्था ने बहादुरी से इस......read more

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RevanthNiftyRadar

Reputation: 15,448 • Sep 30, 2022 3:45 PM

RBI DAS: Economic environment in india remains stable
#MacroEconomy

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RevanthNiftyRadar

Reputation: 15,448 • Sep 30, 2022 3:42 PM

#MacroEconomy

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Reputation: 6,354 • Sep 30, 2022 2:33 PM

Globally, Oil prices were little changed in early trade on Friday but headed for their first weekly gain in five weeks, after  the possibility that OPEC+ may agree to cut crude output when it meets on Oct. 5.Both Brent and WTI are on track to rise by about 3% for the week, their ......read more

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gauravggarg

Reputation: 7,586 • Sep 30, 2022 4:25 AM

#NIFTYBANK #MacroEconomy #MarketsHumor

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