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Aboutme.SubinFinance Aboutme.SubinEconomics Aboutme.SubinHealth Aboutme.SubinAdvertise China’s current devaluation and once more another one have created tremors in the world market and still the stocks are sliding, looking at the status of the economy.  The Government has tried to stabilize the market, by curbing outflows and arresting big investor community who tried to destabilize Yuan and Pumped money in the Banks to create money-flow in the economy.  Still the economy is having down-ward pressure – says Premier Li Keqiang, and still assure that they’re trying to keep the economy on tracks.  Now, China and Chinese Premier, start building your economy different. What happened is happened and we can’t do anything for what has happened?  Now Private sector will not be investing in your economy. But, the Government can do it. Now chart yourself New Roads, Railways, Link Villages with Cities by Rail, Road and Air, built Big Bridges, Stadiums, etc, which w

Aboutme.SubinFinance Aboutme.SubinEconomics Aboutme.SubinHealth Aboutme.SubinAdvertise The Central Government of India is creating more inflation in the inflation-hit economy as the means of Cost-push Inflation by providing Dearness Allowance of about 6% to employees. By giving Dearness Allowance is good, but the Government has not got any means to check whether the employees are giving more productivity for this. This is just “Vote-Bank” politics.  As this money is going to reach about 50 Lakh Government employees and 56 Lakh pensioners, so automatically the inflation which is now showing a growth of about 15%, which will be growing to about 20% in the months to come.  For price rise the Government is planning to compensate with 119% pay, which will increase the price of foods, luxury goods, home prices and more. The Government is not calculative as we’re suffering from Onion at Rs. 60/kg, Tomato at Rs. 80/Kg, Veggies has been increasing about 100%, education in

Jobless Claims High In United States The claims for new jobs are creeping up in United States last week and solid market momentum is taking place in labor market as Federal Reserve is on the path of increasing the interest rate. Unemployment forms submitted increased to about 4000 which is adjusted to 277,000 for the week ending August 15 th , said the Labor Department (USA). Revised data shows that 1000 fewer application were received and last week it’s claiming to see a lesser claims about 272,000. Due to this United States Dollar dipped against the basket of currencies. Gold remain bullish till September, but don’t remain investing and pull-out when you gain profit. Stock Index futures of United States dipped after the release of data. Federal Reserve is getting very good signal from the labor market, but can improve faster, but inflation is low and global economy is weak for increasing interest rate. This labor data shown for the last week shows that labor c

Aboutme.SubinFinance – Now Buy a House in United States, Will Gain Profit United States commerce department confirmed that there was demand of houses increased to about 1.206 million and the target estimated was 1.190 million. This is considered to be highest since October 2007. This will surely support the call for interest rate hike by the Federal Reserve.   The report has confirmed that the number of permits issued for constructing building has come down to 16.3% last month.  But the expectation is that it will be tumbling by about 8%. This makes the United Stocks to fall and United States Dollar made the hue-cry against all the six currencies of the basket. Dow Jones rendered a loss of about 0.35%. S & P future too lost 0.30% and NASDAQ dipped more than 30% respectively. Gold, Silver, Crude and Copper has fallen due to this appreciation. Gold Gold hit the low today and hitting more low due to immense pressure of United States Dollar to increase.  Gold declined a

Aboutme.SubinFinance Aboutme.Finance Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E GOLD The prices of Gold gained as investors started buying due to market volatility on growth prospects of the region. Japan’s second quarter fell 0.4%, less than the target of expectation about 5%. Gold has rose 0.22% to US$ 1115.20 in New York Merchantile Exchange.  Silver, too has gained about 0.11% to US$ 15.230/troy ounce. In the metal section, September Copper delivery has fallen to 0.80% to $ 2.324 a pound. This is due to concern that expectation of oversupply and slowing demand due to Chinese market slackness. China is only country who has an annual demand of about 40% of copper in the world market.   Friday, Gold got the beating because USA economic reports shows producer prices were higher for the third straight month in July and factory output increased at the faster rate in the last eight months. United states consumer sentiment d

Chinese Yuan and The World Market: Aboutme.SubinFinance Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E Chinese Yuan had inched towards instability after the PBOC depreciated the currency by over 1.80%, still not flexible on the move that the economy will stabilize. The country was growing at the rate of more than 10% per annum and now reeling on low export, low employment and low demand from the world market. Chinese Yuan opened at 6.4300 and closed on 6.3231 on Tuesday. Yuan will be coming to stability if the economy is attaining stability and depreciation will attain benefit unless economic parameters work well with the move. Still we can’t say that currency is at equilibrium or not.  The Yuan Central parity is at 6.4010 and maybe expecting downward movement of about 1.1% to 1.8% respectively. This is called market devaluation. Australia : Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E Chinese Eco

Google Apps For Work/Business Enhancement link: https://goo.gl/2Mdc3E Redemption Coupon For Google Apps [India Only]:   CMJ9QPUANVN6YF 3VMYVE6LMW4L3G  Aboutme.finance Aboutme.Subinfinance GREECE NEWS : "REFORM WILL KILL GREECE" - SAYS EX-FINANCE MINISTER Athex, Athens stock index has broken down by 16.23% as trade started after a gap of five weeks. The main lenders like Banks like National Bank, EuroBank, Piraeus Bank and Alpha Bank fell more than 30%. Here in Athens Stock Index, a Fifth of the index is Bank Shares only.  The stocks had fallen more than 22% and slightly recovered to the current position now. As per the rule set forward by the European Central Bank, local investors are not allowed to buy shares now. The money which they have will be kept at home or in safe deposit houses. The Manufacturing Index as we know will not be showing a good sign as it fell more than 30% since 1999 and shows negative growth now.  NEGATIVE G