Today We Will update After EUROPE Market, Just Relax Till Then
Updated At 8:40 Am 9/ JUN
Monthly Archives: June 2016
Now Trading @ 50$, Crucial Support @ 48__________47.20
As expected Already Eat Big rally From 45 $ to 50$ completely
Any decline Or Panic Session our mantra only Buy But $47.20 Level,is last hope for this Bull RUN..
Will Act As Laxman Rekha @51
Above 51 $ HEADING TOWARDS 55________59 Level,
Updated At 11:40 pm 7/ JUNE /Delhi/India
Federal Reserve Chair Janet Yellen will likely keep the door open to an interest rate hike within the next few months when she speaks on Monday, while striking a balanced tone about recently disappointing jobs growth and mixed signals in the U.S. economy.
Yellen’s speech to the World Affairs Council of Philadelphia at 12:30 p.m. ET (1630 GMT) will address the economy and monetary policy, and is the last public comment by U.S. central bankers before their June 14-15 meeting.
The chances of a rate hike at that meeting were all but killed by a report showing the U.S. economy added only 38,000 jobs in May, muting recently upbeat data on consumer spending and overall growth. A sensitive British vote on European Union membership set for later this month is another reason for the Fed to wait.
Economists now see July or September as more likely timing for a quarter-point policy tightening, after the central bank lifted off from near-zero rates in December.
Yellen could note that the May report does not necessarily suggest a more permanent gloom for the labor market, where unemployment at 4.7 percent is at its lowest level since the beginning of the recession. On rates, she could repeat her line from a week-and-a-half ago that a rise could be appropriate “probably in the coming months.”
Millan Mulraine, deputy chief economist at TD Securities in New York, said he expects the Fed Chair to reiterate a “relatively upbeat outlook on growth and inflation, while continuing to emphasize the need for caution.”
While likely keeping a July rate hike on the table, Yellen “will emphasize that any decision to act will be highly data-dependent,” he wrote in a note to clients.
The worst monthly jobs growth in more than 5-1/2 years comes as other parts of the world’s largest economy appear to have rebounded from a sluggish winter. U.S. inflation remains below a 2 percent target but has shown signs of stability.
Earlier on Monday, Boston Fed President Eric Rosengren, a voter on policy this year, said that while rate hikes are on the horizon, the central bank will need to determine whether the employment report “is an anomaly or reflects a broader slowing in labor markets.”
Updated At 7:43 Am /7 JUNE /Delhi/India
Yes , Once Again Our Technical Analysing Rocked,
In This MONTH,
I am very Busy, In Seminar..No Time for Equity Market.But Will try To Update before Market
Our Main Focus On Global Market Trend Now,
Updated At 6:37 pm 6/ JUNE /Delhi/India
Yes Already We Can Seeee Rally In Mcx, From 151 To 166, YES
Now What To Expect In NYMEX?????
Here is the Weekly Chart And We Clearly mentioned That, Our LAxman Rekha
Yes , Suppose if Not Cross our Laxman Rekha this Week Then???????
Yes, In Mcx Keeep Stoploss of 167.50, Go Short @ 164.50
& Lower Side Target Will be 159______157 Thereafter more panic Upto__155_153
OUR LAXMAN REKHA @ 167, yes Once cross & Stay above this level
Will See very Big Move
But Don’t Forget Any Decline Or Panic Session Only But
In Coming Days, Will Seee Big Blasst , & Our ULTIMATE TARGET _209___217
Once Again No father Indicating About this Huge Huge Rally
Any Decline or Panic Session Around 155__150 Only Buy & Go Long, With Stoploss of 144 On closing Basis
For Positional trader
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Updated At 4:04 Pm 6/ JUNE /Delhi/India
last Closed @ 8238
Yes Above 8205, Go Long, With Stoploss of 8170 Level,
Upside Level. 8318______8346 Level,
Yes Be Caution @ Higher Level, All Game Is running From FII SIDE, Something Will Come
Unexpected from RBI POLICY !!!
Last closed 17655
Yes If you Want to Do mandi, & Thinking About Mandi , i Suggest you Below 17530 Level,
No Buying Trend Will Be Over… & Will See Panic Slide upto_17370_17305
last closed @ 1267,
HURDLE 1278_____1284 Level, yes If you Are Lion Heart Trader SELL WITH SL 1284 Level
Will See Panic Upto_1248____1241 Level
Below 1260 Level, Only Panic Panic Panic
Last closed @ 1450
Yes Last hope With level, 1440 Level, if Break Then Who Will have, HURDLE @ 1476______1490 Level
Yes, will Seeee Panic Slide Upto__1414_1405 Thereafer More Panic
Last closed @ 998
Crucial Support @ 986________978, Yes Lion Heart trader Can Buy With Minium Risk
If Break 978, Will Seeee Panic Selling Upto_952__930 Level
For live Intraday Recommendation…join us at Yahoo Messanger.or Telegram
Our ID :Marketbhavishyareport
Our Telegram Group : https://telegram.me/Marketbhavishya007
Updated At 9:07 Am 6/ JUNE /Delhi/India
As Expected Crude MELTED LIKE ICE, Wow !!!
Yesterday We Boldly Told That, Inventory Come very Bad for CRUDE, & Its Only Short Coverning
Nothing Its… HURDLE @ 3310_3330 ,
Go Short.. & Relax , Look What Happpen Today Made low of 3242
Updated At 11:09 pm 3/ june /Delhi/India
Wall Street futures showed cautious trade as investors looked ahead to the publication of the monthly employment report and its implications for the future path of monetary policy decisions from the Federal Reserve (Fed).
The blue-chip Dow futures edged forward 7 points, or 0.04%, by 10:55AM GMT, or 6:55AM ET, the S&P 500 futures was unchanged, while the tech-heavy Nasdaq 100 futures slipped 4 points, or 0.08%.
The lack of any movement in U.S. equity futures on Friday was a result of investors waiting the publication of the monthly employment report due out stateside at 12:30GMT, or 8:30AM ET.
Consensus had forecast the unemployment rate to drop to 4.9% after the creation of 164,000 nonfarm payrolls (NFP).
However, with many Fed officials commenting already that the U.S. economy is at, or close to, full employment, more attention could be focused on wages.
A strong reading could bolster speculation that the Federal Reserve (Fed) will move totighten monetary policy in the following two months.
Chicago Fed president Charles Evans indicated on Friday that two rate hikes this year would be reasonable if economic data continues to be favorable.
However, Evans downplayed the exact timing, stating that it was “not crucial”, as long as “by the end of this year we’re at just a little under 1%”.
Fed governor Lael Brainard was set to be the first policy maker to speak after the jobs report. She will give a speech on the economic outlook and monetary policy at 16:30GMT, or 12:30ET.
Fed fund futures currently price the chance of a hike at the next meeting at 21%, while the probability for a move at the July meeting was at 58%.
After the jobs report, market participants will focus on the ISM non-manufacturing purchasing managers’ index (PMI) for May out at 14:00GMT, or 10:00AM ET.
The U.S. services sector was expected to register a slight drop from the expansion seen in the previous month and the reading will help gauge the strength of the economy as the Fed looks for stronger growth before raising rates.
Beyond Friday’s reports on the state of the U.S. economy, investors looked ahead to Fed chair Janet Yellen’s interpretation of the data. Yellen will speak on Monday in what will most likely be her final remarks before the policy decision is announced on June 15.
Meanwhile, the US dollar index also showed little movement, with traders cautious ahead of the aforementioned references.
In oil markets, crude prices were steady with slight gains.
Although the Organization of the Petroleum Exporting Countries (OPEC) failed to create a ceiling for oil production on Thursday which initially tumbled the price of oil, experts are pointing to the fact that the members appeared to be more unified and Saudi Arabia, the world’s largest exporter, seemed willing to restrain from flooding the markets.
“We will be very gentle in our approach and make sure we don’t shock the market in any way,” the country’s energy minister said on Thursday.
On Friday, Qatar’s energy minister Mohammed Al-Sada said, “It was a successful meeting, it was full harmony among members. We reviewed thoroughly market’s status of oil supply and demand. The worst was over.”
Oil recovered after the weekly U.S. crude inventories data was released on Thursday.
Though crude stocks fell by a less-than-expected 1.366 million barrels, it contradicted the prior day’s report from American Petroleum Institute’s that saw a 2.35 million barrel build. Also of note, both gasoline inventories and distillate stockpiles fell much more than expected.
Additionally, the Iranian oil minister Bijan Zanganeh indicated on Friday that expectations were for the country to reach production of four million barrels per day, its pre-sanction levels, by the end of 2016.
U.S. crude futures edged up 0.04% to $49.19 by 10:56AM GMT, or 6:56AM ET, whileBrent oil advanced 0.12% to $50.10.
In a light company news day, Twitter Inc (NYSE:TWTR) met with Yahoo! Inc (NASDAQ:YHOO) weeks ago to discuss a possible merger according to the New York Post.
United Continental Holdings Inc (NYSE:UAL) and Delta Air Lines Inc (NYSE:DAL) were named as possible suitors in a Wall Street Journal report that the Panama-based air carrier Avianca Hldgs (NYSE:AVH) could be sold.
KIEV (Reuters) – The United States and Ukraine signed a $1 billion loan guarantee agreement on Friday, the third such agreement provided by Washington to Kiev since May 2014.
Washington had promised the aid last November but made it contingent on Kiev continuing to push reforms, which had been derailed by months of political turmoil.
The signing comes a day after the Ukrainian parliament passed legislation aimed at tackling entrenched corruption in the judicial system. “The $1 billion loan guarantee will help support the Government of Ukraine as it continues to implement its economic reform agenda,” U.S. Ambassador Geoffrey Pyatt said in a statement.
Ukraine is still in negotiations with the International Monetary Fund for the third tranche of a bailout deal worth $1.7 billion.
Updated At 5:18 pm 3/ june /Delhi/India
Yes Today Busy In SEMINAR, Will Update AROUND 2 PM, About Market, Yes Till THEN
Just Watch Today 8236_8305 is Act As Crucial Support
Updated At 12:30 pm 3/ june /Delhi/India