Indian Financial Market NSE and BSE Indices Performance as on 28th October 2014

India Stock Market Index Bse Sensex and Nse Nifty Performance as on 28th October 2014

BSE Sectoral Indices Performance for Trading Day 28th October 2014

National Stock Exchange Index NSE
Commodities Performance as on 28th October 2014

National Stock Exchange Index NSE  Consumption Performance as on 28th October 2014

#IndianFinancialMarket #NSE and #BSE Indices Performance as on 28th October 2014 at #NationalStockExchange and #BombayStockExchange

Sector-based index provide a single value for the aggregate performance of a number of companies
Realty = Real Estate and Property related Listed Companies Index
FMCG = Fast Moving Consumer Good Industry
IT = Information Technology


‪#‎Realty‬ ‪#‎IT‬ ‪#‎IntormationTechnology‬ ‪#‎Metal‬ ‪#‎Auto‬ ‪#‎Healthcare‬ ‪
#‎Bankex‬ ‪#‎ConsumerDurables‬ ‪#‎CapitalGoods‬ ‪#‎OilandGas‬ ‪#‎Teck‬ ‪#‎Power‬
#Commodities #Consumption

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BSE Thematic Indices Performance for 1st June 2014

 

  

#Bse #Thematic Indices performance for Trading Day 1st June 2014 at #IndiaStockExchange … #BSEBombayStockExchange 
Sector-based Index provide a single value for the aggregate performance of a number of companies
#BSE #IndiaInfrastructureIndex #PSU #Infrastructure and
#Nse #Thematic Indices performance for Trading Day 30th June 2014 at 
#IndiaStockExchange … #NSENationalStockExchange
#CNXConsumption #ServiceSector #CPSE #Infrastructure #PSE #MNC#Commodities

Chile Central Bank holds rate, may soon cut on lower growth, inflation

Chile's central bank held its benchmark overnight rate steady at 5.0 percent but said it may cut its rate in coming months due to an expected fall in economic growth and inflation.
    The Central Bank of Chile, which has held rates steady since January 2012, said recent information shows that economic output and demand is continuing to slow down, especially investment, but the labor market is still tight.
   "Consumption has remained strong, but the evolution of credit conditions and confidence surveys suggest this variable will lose momentum," said central bank said. In its June Monetary Policy Report, released on July 1, the bank lowered its 2013 forecast for growth and inflation.
    "The consolidation of the trends outlined in the last Monetary Policy Report could call for adjustments to the monetary policy interest rate in the coming months," the bank said.
    In the policy report, the central bank cut its 2013 growth forecast to 4-5 percent from a previous estimate of 4.5-5.5 percent and its inflation forecast to 2.6 percent from 2.8 percent.
    Chile's economic growth has been slowing in recent months, with the annual rate of its Gross Domestic Product in the first quarter slowing to 4.1 percent from 5.7 percent in the previous quarter.
    Chile's inflation rate rose to 1.9 percent in June from 0.9 percent in May, getting closer to the central bank's tolerance range of 2-4 percent. The central bank said inflation expectations remain around its target.
    The central bank took note of the recent tightening in international financial conditions, especially in  emerging market economies, following signs of an earlier-than-expected withdrawal of monetary stimulus in the United States.

Chile holds rate, may soon cut on lower growth, inflation - Central Bank News

for more details log on to Central Bank of Chile website :  http://www.bcentral.cl/eng/index.asp

New Zealand Central Bank News

New Zealand's central bank held its Official Cash Rate (OCR) steady at 2.5 percent, as widely expected, and repeated that it expects to keep the rate "unchanged through the end of the year."
    The Reserve Bank of New Zealand (RBNZ) also repeated that the New Zealand dollar remains overvalued despite having fallen over the past few weeks and continues to cause headwinds for the tradeables sector, restricting export earnings and encouraging demand for imports.
    In April the RBNZ, which has held its policy rate steady since March 2011, also said it expected to keep the OCR rate steady through this year and that the currency, known as the kiwi, was overvalued.
    The kiwi bottomed out in March 2009 against the U.S. dollar at $0.49 and has been rising steadily since then, hitting $0.83 at the beginning of this year. But since early May the kiwi has been falling from $0.85 to below $0.80 today. The RBNZ has confirmed it has intervened in markets.
    The RBNZ said economic growth was picking up but remained uneven with consumption rising and reconstruction in Canterbury gathering pace and this will be reinforced by a broader recovery in construction, helping support overall activity and eventually easing the housing shortage. Fiscal consolidation, however, will also constrain demand.
    "As previously noted, the Reserve Bank does not want to see financial or price stability comprimised by housing demand getting too far ahead of the supply response," the bank said, quoting its governor, Graeme Wheeler.

    The RBNZ said its expects annual Gross Domestic Product growth to accelerate to about 3.5 percent by the second half of 2014 and inflation to rise toward the midpoint of the bank's 1-3 percent target.
    New Zealand's inflation rate was stable at 0.9 percent in the first quarter, the same as in the fourth quarter and only marginally higher than 0.8 percent in the third quarter.
    New Zealand's Gross Domestic Product rose by 1.5 percent in the fourth quarter from the third quarter for annual growth of 2.5 percent, up from 2.0 percent in the third quarter

New Zealand holds rate, still sees same rate through 2013 - Central Bank News

for more details log on to Reserve Bank of New Zealand website :  http://www.rbnz.govt.nz/

U.S. Monthly Consumer Spending Highest Since 2008

June 7, 2013

Spending up across income groups

by Elizabeth Mendes

WASHINGTON, D.C. -- Americans' self-reported daily spending rose to an average of $90 in May, the highest since October 2008 and higher than it has been in May since the $114 found in the same month in 2008. Spending is up from $86 in April and on par with the $89 found in March.

These results are based on Gallup Daily tracking interviews, conducted by landline and cellphone, with more than 15,000 Americans from May 1-31.

Americans' spending climbed into the $80-per-day range last December and has stayed at or above that level after hovering in the low $70 range through most of 2012. The May 2008 figure of $114 per day is the highest average spending figure Gallup has found in any month since it started tracking spending daily in January 2008. Spending fell into the low $60 range in 2009, amid the economic downturn, sinking to $59 in March of that year.

Spending Up Across Income Groups

Upper-income and lower-income Americans' spending increased in May, and the current levels for both groups surpass what Gallup found in May of the past three years. However, the average of $150 upper-income Americans spent daily in May remains lower than the $185 this group reported in May 2008. The same is true for the average $77 that lower-income Americans spent daily in May -- it is not as high as the $105 they spent in May 2008. Each May 2008 figure is the record monthly high for the income category in Gallup Daily tracking.

Bottom Line

Several of Gallup's economic indicators are pointing to improving conditions in May -- economic confidence, job creation, and consumer spending are all up and at their highest levels in about five years. But Americans' spending is not yet back to levels seen for much of 2008, before the financial crisis and the extended period of lower, "new normal" spending from 2009-2012. The 2013 spending figures suggest the new normal period may be ending, and with the health of the U.S. economy so dependent on consumer spending, the increase is a hopeful sign for an economic recovery.

Even so, one indicator points to a still-struggling economy -- Gallup's Payroll to Population rate. It worsened to 43.9% in May and remains lower than it was in May of last year, meaning fewer Americans are working full time for an employer now than a year ago. The lack of recovery in this metric could be one of the reasons spending has yet to return to the more robust levels of early 2008.

Courtesy Gallup : U.S. Monthly Consumer Spending Highest Since 2008

Fiji Central Bank News

Too much money in the #Monetary System

Global #liquidity impact all #Asset classes … specially #Risky ones

Tracking all the #Money Flow coming from …. Global #CentralBanks

Fiji holds rate steady, growth still on track to hit forecast - Central Bank News

Fiji's central bank held its benchmark Overnight Policy Rate (OPR) steady at 0.5 percent as domestic economic activity remained mixed and inflation tumbled to its lowest level since May 2009.
    The Reserve Bank of Fiji, which has maintained an accomodative policy stance and unchanged rates since December 2011, said the economy remains on target to reach a projected 2.7 percent growth in 2013. The International Monetary Fund put Fiji's 2012 growth at 2.1 percent.
    Fiji's inflation rate fell to 1.0 percent in April from 3.3 percent in March. Separately, the central bank governor was quoted as saying in local media that inflationary pressures were expected to remain subdued and inflation to settle around 3.0 percent by year-end.
    Consumption continues to trend upward, financed by strong growth in private credit and higher inward remittances, and new bank loans for investment purposes more than doubled to $39.5 million in the year to April, underpinned by loans to the building and construction sector.
    However, gold production and visitor arrivals were weak,  with annual gold production down by 41 percent in the year to March due to the low quality of ore, and in January visitor arrivals fell 7.9 percent due to the impact of Cyclone Evan, the bank said in its latest economic review.
    In Fiji's financial sector broad money (M3) rose by an annual 7.6 percent in April due to growth in domestic credit, and outstanding loans by commercial banks rose by 12.7 percent on higher lending.
    In the year to April, the Fiji dollar rose 21.3 percent against the Japanese yen and the Fiji dollar's nominal effective exchange rate (NEER) rose by a monthly 0.2 percent, implying a slight appreciation against major trading partners. However, the real effective exchange rate (REER) fell by 0.2 percent during the month of April due to lower domestic inflation.
    By May 30, Fiji's foreign exchange reserves stood at $1,603 million, sufficient to cover 4.6 months of imports, up from 4.2 months as of April 26.

    www.CentralBankNews.info

For more details visit Reserve Bank of Fiji website : http://www.reservebank.gov.fj/

Egypt Central Bank holds rate

Egypt holds rate, warns won't hesitate quell inflation - Central Bank News

Egypt's central bank held its benchmark overnight deposit rate steady at 9.75 percent to give its recent rate hike time to take effect, but warned that inflationary pressures may build and the bank's Monetary Policy Committee will not hesitate to raise rates to ensure price stability.
    The Central Bank of Egypt (CBE), which raised its key lending rates by 25 basis points in April, said slow economic growth had checked the upside risks to inflation and a rebound in international food prices was not likely, but there is a "possible build-up of upward pressures on inflation going forward" due to local supply bottlenecks and distortions in distribution channels.
    Egypt's headline inflation rate rose by a monthly 1.47 percent in April to an annual rate of 8.11 percent, up from 7.59 percent in March, while core inflation rose to 7.437 percent from 7.03 percent. Higher prices are due to broad-based increases in food and non-food prices.
    Egypt's Gross Domestic Product expanded by a real 2.4 percent in the first half of the 2012/13 financial year, which ends June 30, following a "similarly feeble growth rate" of 2.2 percent in 2011/12, the bank said.

    A "nascent" economic recovery was based on better construction and tourism activity, but manufacturing remains weak, investment low and  the current political transformation is still weighing on consumption and investment decisions, the CBE said.
    The central bank considers its current rates to be "appropriate given the lagged transmission of  the previous rate hike across the economy combined with the mixed balance of risks surrounding the inflation and GDP outlooks at this juncture," the bank said adding that it "will not hesitate to adjust the key CBE rates to ensure price stability over the medium-term."
    In April, when the CBE changed rates for the first time since November 2011, the central bank said it would not hesitate to adjust rates to ensure price stability.

    www.CentralBankNews.info