About.Me Finance- Greece Debt Lingering
"Greece Debt" is still hanging over Europe from before and stern United States Market had send confusing signal to the market. Markets are just considered themselves above the 3 months high, but still market is simmering to move forward. Asia-Pacific Shares are just above 0.2% and Nikkei of Japanese is just bulging ahead, not so fast, even though Yen is getting thrashed from United States Dollar.
China seems to be on revival, but still the part of Government is still pending. The market responded to 0.8% Growth after a long time since 2008, with Real Estate firmer in demand. Wall Street too is on a bouncing mode with 0.22% growth, S &P 500 up by 0.17% and Nasdaq up by 0.11% growth. United States Retail Sales are on the high with moving upward, sentiments too are showing signs of upward movement and expectation are bit high this year. This will make United States Dollar appreciate further, which President Barack Obama will not like it. So, Sentiments are high of increasing the Interest Rate. Expectation is there in September are markets shows more sign of growth in Mid and low sectors.
But we expect the Interest Rate will be kept same, but will be reviewed in the late part of the year. Chairperson Janet Yellen has more expectation than we do, but still revival of United States Economy is still not readable now. If hike has taken place, surely the demand which has been created in the United States Market will be breaking off and its tremors will be reaching the global market too. This Greece crisis will also add to the turmoil and let move downwards.
United States Dollar is moved up from 94.322 set to 95,173 set whereas Yen has declined due to heavy weight age of Green-Back and bought 123.46 Yen per Dollar from 122.46 Yen per Dollar. German must stop dealing with Greece Economy as it shows no sign of revival and still hanging around for more excuses. IMF had already stopped discussing with Greece Economy, and already stopped the deal. Euro had too lost the shine where it reached $1.1232 from $1.1387. If Germany is keeping with "Greece Debt" Economy, automatically German companies will be facing the wrath too. The differences are widening, that’s why IMF has already left Brussels. Prime Minister Alexis Tsipras is started to gamble not only his future but also country’s future too.
Now, Germany started discussing about Greece Economy’s bankruptcy, rather than moving with the negotiations forward. Crude Oil prices dipped now as Saudi Arabia started raising output to meet the upcoming demand now. Brent Crude Fell 38 Cents to $64.73 a barrel and United States Crude lost about 45 Cents [$60.32/barrel].
In this shocking market trend, I prefer to buy Infosys Corporate Shares now lingering around Rs. 1988 and this share will be breaking the record high in the coming 3 months. Wait and watch guys. Ramaswami Seshasayee is the new Non-Executive Chairman of the group. So things will be changing and he’s working with Infosys for the last 4 years and also was with them for a decade. Infosys is betting on new services and will be reaching a big platform of $20 Billion sales by 2020 and now focusing on acquisitions and more tech services. The share value will be reaching Rs. 3000 by the end of 2015. Buy now and save for later with "Greece Debt".
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