Wednesday, October 31, 2012

Banking News-A Reflection of Economy - News - Business News

We get news to remain aware of our surroundings. Knowing about world is a part of it but incomplete if we miss on local news India. News of neighborhood reflects the current scenario with respect to activities in rest of the world. In that too money holds the strong position. Activities and news often revolves around money if they are not directly including it as a matter of discussion. Banking news is one of the sections of many economy newspapers and TV Channels that give explicit information on banking sector. Overview of Economy and India news tells us just how important banking has become for us as more and more new banks and branches are mushrooming in cities as well as far corners of rural India.

Banking is of great importance in Indian Economy more because of our thriftiness. Banks are supposed to provide sanctity to people like us who save and save. Banks plays its role of protecting money from our own ways of wasting it when we chose to save it from us. Then there are other services of bank that has extended from just savings like loans, insurance, trading, interests on money deposited and many other banking activities. Banking related activities and information about them are exclusively covered in Breaking News in various media.

Local news India is meant to keeps us on toes. Alertness is required even more when money is involved. Financial growth of a country is directly proportional to the amount of security if has to offer to its citizens. Sometimes safety can lull into belief that nothing wrong is going to happen. This is when crisis strikes. Vigil is required even in safest of times even more at that time. There can be no exception to prudence as exemplified by India news in various circumstances more in matters of money.

Being aware and cautious always helps. Plans and strategies can be drawn out beforehand to prevent mishaps when cues of the same are received. Vigilance is what helped India when whole world was hit by slowdown. Banking sector has played its role optimally with RBI making necessary changes in fiscal and monetary policies as demanded by those times. Banking news reflected the fear that had become of trading when people took their money out of shares and put in Banks in Fixed or recurring deposits. India news was about the stability of Indian economy even in the face of crisis. The spirits should always be kept high.





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Tuesday, October 30, 2012

Sports news-catch every glimpse of it - Sports - Other Sports

When a crisis is hit, people get scared and so does their sense of investment. The worry for future compels them to keep their money hidden in vaults until they are assured of a better environment. Fear is also evident in ways they use their disposable income. Even entertainment industry shares the feeling. Sports news has also depicted the impact by reduced number of games and investments people make in them. Certainly, in a time like this cricket news about an event is welcomed but it is not met by same crazed enthusiasm as people have more serious matters to worry. When globe was hit by recession India news had kept us informed the way we are taking up the blow. Fear of losing money saved us above most of things. That could be one of the several reasons of slogging of entertainment industry in those times sports and other things alike.

Nothing productive or creative can take place in fear. Security insured from all spheres is the prime concern of any country or government to remain on track of development and progress. Financial security is no different in this regard. People from various sections and classes of society are on consensus. India news has always tried to keep issues easy on its receivers so that no further morale damage can make its way. As the existing one is already destructive in this regard people look for certain diversion. Cricket News happens to bring that for a nation full of Cricket crazed crowd but in dire times even those may not be sufficient.

Refreshment can be motivating in senses one may not fathom. When distractions we want to savor chose us we dont have the capacity to deny them. No matter what is happening around, if we love sports then sports news can bring the reason to feel free of nagging pressure. It shows that our need to fight the crisis and come out of it gets strengthen.

Times can get difficult but as far as India is concerned, Cricket news is always welcomed. If one could believe, such are the thing that keeps us moving forward. Sports are always known for the impact they could make on crowds emotionally. One who plays knows all the more about failures and success and how the one chases other. Sports news thus becomes highly necessary to remind people that there is always a way out if one cares to look. Strategies with the help of a bit of luck can do wonders even with economy. Hasnt India news proved that on many times?





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Monday, October 29, 2012

Action Insight Mid-Day Report 10-29-12 (trusted: contact@actionforex.com)

ActionForex.com
Action Insight Market Overview Markets Snapshot

Mid-Day Report: Euro Correction Continues, Sterling Weighed Down by Cautious Comments

Euro continues to weaken against other major currencies, except sterling, on uncertainties in Greece and Spain. So far, there is no news on whether Greece would agree on austerity program and make a deal on the two-year extension that it sought. Also, it's unsure whether Greece would get its next tranche of bailout funds even though there is little chance that it wouldn't. Meanwhile, Spain continues to stand still regarding full sovereign bailout. In addition, former Italian prime minister Berlusconi threatened to bring down Monti's government and there are uncertainties in the regional elections in Sicily. Spanish and Italian yield are mildly higher today. In US, personal spending rose more than expected by 0.8% in September while income rose 0.4%. Headline PCE rose to 1.7% yoy and core PCE also rose to 1.7% yoy. The data triggered little reaction to the markets though.

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Featured Technical Report

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9325; (P) 0.9356; (R1) 0.9378; More...

No change in USD/CHF's outlook. Recovery from 0.9214 might extend. But we'd expect upside to be limited below 0.9431 resistance and bring fall resumption eventually. Below 0.9290 minor support will flip bias to the downside for 0.9214. Break will resume whole fall from 0.9971 to 0.8930 key support next.

Read more...

Economic Indicators Update

GMT Ccy Events Actual Consensus Previous Revised
23:50 JPY Retail Trade Y/Y Sep 0.40% 1.00% 1.70%
09:30 GBP Mortgage Approvals Sep 50K 48.5K 47.7K
12:30 USD Personal Income Sep 0.40% 0.40% 0.10%
12:30 USD Personal Spending Sep 0.80% 0.60% 0.50%
12:30 USD PCE Deflator M/M Sep 0.40% 0.40% 0.40%
12:30 USD PCE Deflator Y/Y Sep 1.70% 1.60% 1.50%
12:30 USD PCE Core M/M Sep 0.10% 0.10% 0.10%
12:30 USD PCE Core Y/Y Sep 1.70% 1.70% 1.60%
13:00 EUR German CPI M/M Oct P -0.10% 0.00%
13:00 EUR German CPI Y/Y Oct P 1.90% 2.00%
 
Forex Trade Ideas

Trade Idea Update: USD/JPY – Sell at 80.20

Despite intra-day marginal rise to 80.38, as the greenback has retreated sharply from there, suggesting a temporary top is possibly formed and consolidation with downside bias is seen but break of 79.70 support is needed to add credence to this view, bring weakness to previous resistance at 79.47, then 79.20, however, reckon support at 79.08 would hold from here, bring another rally later.

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Trade Idea: AUD/USD – Sell at 1.0360

Despite yesterday’s rebound to 1.0397, as aussie met renewed selling interests below indicated resistance at 1.0412, suggesting further consolidation within near term range would be seen and weakness to 1.0290-00 is likely, break there would bring another fall to support at 1.0236, once this support is penetrated, this would suggest the rebound from 1.0149 has ended and bring weakness to 1.0200, then towards this support which is likely to hold on first testing.

Read more...

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500

Suggested Readings

Fundamental Highlights

Technical Highlights

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Forex news trading - Investment - Stocks and Bonds

Forex trading is a business and should be treated as such. Before going into business or in this case a trade, you must understand exactly what goals, what risk potential you have, as well as how you are going to execute these operations.

Far to often do traders go into the market with little planning or none at all. Each trade should be thought of as a business deal and therefore is a well thought out process. Doing so for each individual trade will greatly increase your chance of being a successful forex news trading.

This is a great business and Im so glad I decided to get into forex trading when I did. Ive been at this for years and expect to do it for many more years. I also expect to have enough money to have a nice, early retirement for myself and my family. News trading is one of the main reasons why I'm so much closer to my financial goals than every before.

FOREX trading is in its simplified form a cash market where the currencies of nations are traded. Currencies are constantly being bought and sold by traders and brokers accross the globe. The conditions within the FOREX market are constantly changing every second in response to what is happening in the world.

Trading news, is one of the best ways I know of making larges sums of money in very little time with very little risk. Financial news announcements get released every week. Some of these news announcement can and do move the market if there is a surprise in the announcement. For example, if a country is expected to raise its interest rate by a quarter of a point (0.25), the market prices this expectation into the price of its currency. When the announcement comes and the country decides to hold rates steady or raise them even more, e.g by half of a percent (0.50), this will absolutely move the currency. These are the kind of opportunities forex news traders look for and profit from

To further clarify the conclusion. Let us take the following scenario: If you are trading using the manual system, you will notice that it takes time before a trader confirms if he will accept your deal or not. He will look on the market condition first as well as the exchange rate of the currencies that you are trading with. Thus, if it takes time before a transaction will be finalized; there would be fewer trade volumes.

The purpose of share tips article is to provide some basic step-by-step methods you can employ today to take advantage of forex news in the market. I have some experiences that I will share to show how you can find some great trades and how you can identify the duds before they become real bombs in your portfolio. The examples I am using in this article are not the only possible trades available. There are a variety of events each month that can be used to time a good trade. It is useful to watch ongoing news stories that are currently dominating the headlines and minds of investors to identify trading opportunities. The significance of one piece of news over another will change over time. An easy gauge to tell what is important and what can be minimized is the news coverage itself. If one piece of information or speculation about that information is dominating the scene, then it is clearly something you need to be aware of.





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Action Insight Daily Report 10-29-12 (trusted: contact@actionforex.com)

ActionForex.com
Action Insight Market Overview Markets Snapshot

Daily Report: Markets Stays in Tight Range as Traders are Cautious ahead of BoJ

Major currency pairs are stuck in tight range today so far. Asian equities were mixed and provided no inspiration. Euro is soft against dollar and yen and could head lower as correction extends. The meeting between Spanish and Italian Prime Ministers' today would show that split remains between the 2 debt-ridden countries. Italy's Monti indicated last week his preference for Spain to seek a full bailout first as this would lower Italy's borrowing cost. Monti blamed that Spain "has an elevated spread and has problems with its banking system" but it "has hesitated and is hesitating about whether to activate the anti-spread mechanism". Yet, Spain was reluctant to ask for financial assistance from international lenders. Rajoy said that the country was still assessing if the bailout would be inline with nation interest.

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Featured Technical Report

USD/JPY Daily Outlook

Daily Pivots: (S1) 79.29; (P) 79.83; (R1) 80.17; More...

Intraday bias in USD/JPY remains neural for the moment as consolidation fro 80.37 continues. At this point, we'd still expect support from 38.2% retracement of 77.93 to 80.37 at 79.43, at least on first attempt, and bring recovery. And, Overall, near term outlook remains bullish and rise form 77.13 is expected to resume later to 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65). Sustained break there will open the way for 84.17 resistance next.

Read more...

Economic Indicators Update

GMT Ccy Events Actual Consensus Previous Revised
23:50 JPY Retail Trade Y/Y Sep 0.40% 1.00% 1.70%
9:30 GBP Mortgage Approvals Sep 48.5K 47.7K
12:30 USD Personal Income Sep 0.40% 0.10%
12:30 USD Personal Spending Sep 0.60% 0.50%
12:30 USD PCE Deflator M/M Sep 0.40% 0.40%
12:30 USD PCE Deflator Y/Y Sep 1.60% 1.50%
12:30 USD PCE Core M/M Sep 0.10% 0.10%
12:30 USD PCE Core Y/Y Sep 1.70% 1.60%
13:00 EUR German CPI M/M Oct P -0.10% 0.00%
13:00 EUR German CPI Y/Y Oct P 1.90% 2.00%
 
Forex Trade Ideas

Trade Idea Update: USD/JPY – Sell at 80.20

Despite intra-day marginal rise to 80.38, as the greenback has retreated sharply from there, suggesting a temporary top is possibly formed and consolidation with downside bias is seen but break of 79.70 support is needed to add credence to this view, bring weakness to previous resistance at 79.47, then 79.20, however, reckon support at 79.08 would hold from here, bring another rally later.

Read more...

Trade Idea: AUD/USD – Sell at 1.0360

Despite yesterday’s rebound to 1.0397, as aussie met renewed selling interests below indicated resistance at 1.0412, suggesting further consolidation within near term range would be seen and weakness to 1.0290-00 is likely, break there would bring another fall to support at 1.0236, once this support is penetrated, this would suggest the rebound from 1.0149 has ended and bring weakness to 1.0200, then towards this support which is likely to hold on first testing.

Read more...

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500

Suggested Readings

Fundamental Highlights

Technical Highlights

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Sunday, October 28, 2012

iPhone, iPad and other mobile app development trends for the near future - Computers - Databases

The iPhone, iPad and other smart phone application market has taken the business world by storm. Whether your business is product or service based you stand to benefit immensely by connecting with your customers via an effective iPhone, iPad or other similar , assuming you have successfully navigated the complexities involved in mobile and its pertaining landscape. More and more businesses are contemplating customized mobile s to enhance their day to day business activities. However, the biggest challenge faced by them is to select an optimum app in the absence of comprehensive knowledge of how the entire system works.Here is a general list of predicted trends in the mobile market that will provide valuable insights for the interested companies, mobile app developers and other key stakeholders involved in iPhone, iPad, Android and other mobile market. Finalizing a suitable platformIf your company is catering for the mass market and hence your intention is reaching a wider audience through your smart phone app the cost will be comparatively higher because of the platform fragmentation involved. You will need to pay attention to elements such as different operating systems, different carriers, various device manufacturers and the variety of app stores providing varying screen sizes. These factors will lead to an enhanced cost involving app maintaining, app porting and app marketing to ensure a successful output. Is your app niche based?A large number of causal gaming seems to continue its trend in leading the app subscription market. In addition the action based trend is now ready to reach other entertainment sectors such as news, music and video creating a demand for micro transactions and other in application purchases. Top app revenue producer in the futureThese would include bar code systems, field communication systems and other mobile augmented reality apps which are predicted to pull in more revenue in addition to the gaming sector in the smart phone app space. Therefore if your company is heavily leveraged in to the mobile based functions and features you should seriously consider the latest trends in mobile s.

The iPhone, iPad and other smart phone application market has taken the business world by storm. Whether your business is product or service based you stand to benefit immensely by connecting with your customers via an effective iPhone, iPad or other similar , assuming you have successfully navigated the complexities involved in mobile and its pertaining landscape. More and more businesses are contemplating customized mobile s to enhance their day to day business activities. However, the biggest challenge faced by them is to select an optimum app in the absence of comprehensive knowledge of how the entire system works.Here is a general list of predicted trends in the mobile market that will provide valuable insights for the interested companies, mobile app developers and other key stakeholders involved in iPhone, iPad, Android and other mobile market. Finalizing a suitable platformIf your company is catering for the mass market and hence your intention is reaching a wider audience through your smart phone app the cost will be comparatively higher because of the platform fragmentation involved. You will need to pay attention to elements such as different operating systems, different carriers, various device manufacturers and the variety of app stores providing varying screen sizes. These factors will lead to an enhanced cost involving app maintaining, app porting and app marketing to ensure a successful output. Is your app niche based?A large number of causal gaming seems to continue its trend in leading the app subscription market. In addition the action based trend is now ready to reach other entertainment sectors such as news, music and video creating a demand for micro transactions and other in application purchases. Top app revenue producer in the futureThese would include bar code systems, field communication systems and other mobile augmented reality apps which are predicted to pull in more revenue in addition to the gaming sector in the smart phone app space. Therefore if your company is heavily leveraged in to the mobile based functions and features you should seriously consider the latest trends in mobile s.

The iPhone, iPad and other smart phone application market has taken the business world by storm. Whether your business is product or service based you stand to benefit immensely by connecting with your customers via an effective iPhone, iPad or other similar , assuming you have successfully navigated the complexities involved in mobile and its pertaining landscape. More and more businesses are contemplating customized mobile app opments to enhance their day to day business activities. However, the biggest challenge faced by them is to select an optimum app in the absence of comprehensive knowledge of how the entire system works.Here is a general list of predicted trends in the mobile market that will provide valuable insights for the interested companies, mobile app developers and other key stakeholders involved in iPhone, iPad, Android and other mobile market. Finalizing a suitable platformIf your company is catering for the mass market and hence your intention is reachi ng a wider audience through your smart phone app the cost will be comparatively higher because of the platform fragmentation involved. You will need to pay attention to elements such as different operating systems, different carriers, various device manufacturers and the variety of app stores providing varying screen sizes. These factors will lead to an enhanced cost involving app maintaining, app porting and app marketing to ensure a successful output. Is your app niche based?A large number of causal gaming seems to continue its trend in leading the app subscription market. In addition the action based trend is now ready to reach other entertainment sectors such as news, music and video creating a demand for micro transactions and other in application purchases. Top app revenue producer in the futureThese would include bar code systems, field communication systems and other mobile augmented reality apps which are predicted to pull in more revenue in addition to the gaming sector in the smart phone app space. Therefore if your company is heavily leveraged in to the mobile based functions and features you should seriously consider the latest trends in mobile s.

The iPhone, iPad and other smart phone application market has taken the business world by storm. Whether your business is product or service based you stand to benefit immensely by connecting with your customers via an effective iPhone, iPad or other similar , assuming you have successfully navigated the complexities involved in mobile and its pertaining landscape. More and more businesses are contemplating customized mobile s to enhance their day to day business activities. However, the biggest challenge faced by them is to select an optimum app in the absence of comprehensive knowledge of how the entire system works.Here is a general list of predicted trends in the mobile market that will provide valuable insights for the interested companies, mobile app developers and other key stakeholders involved in iPhone, iPad, Android and other mobile market. Finalizing a suitable platformIf your company is catering for the mass market and hence your intention is reaching a wider audience through your smart phone app the cost will be comparatively higher because of the platform fragmentation involved. You will need to pay attention to elements such as different operating systems, different carriers, various device manufacturers and the variety of app stores providing varying screen sizes. These factors will lead to an enhanced cost involving app maintaining, app porting and app marketing to ensure a successful output. Is your app niche based?A large number of causal gaming seems to continue its trend in leading the app subscription market. In addition the action based trend is now ready to reach other entertainment sectors such as news, music and video creating a demand for micro transactions and other in application purchases. Top app revenue producer in the futureThese would include bar code systems, field communication systems and other mobile augmented reality apps which are predicted to pull in more revenue in addition to the gaming sector in the smart phone app space. Therefore if your company is heavily leveraged in to the mobile based functions and features you should seriously consider the latest trends in mobile s.





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Saturday, October 27, 2012

Action Insight Weekly Report 10-27-12 (trusted: contact@actionforex.com)

ActionForex.com
Action Insight Weekly Report Markets Snapshot

Euro Extended Correction, Yen to be Back Under Pressure on BoJ

There was no unified theme in the markets last week. The Japanese yen was the weakest currency in the early part of the week on speculation of imminent BoJ easing. But yen then rebounded strongly as disappointing corporate earnings triggered selloffs in equities. Mean Kiwi, Aussie and Sterling were boosted by different factors in spite of risk aversion. Buying of these three currencies in crosses kept Euro pressured against dollar. Canadian dollar, on the hand, weakened after flip-flopping for a while. Looking ahead, we'd expect the yen to be back under pressure as BoJ announce approaches. Also, employment data as well as ISM from US will probably rock the risk markets too and trigger volatility in FX.

Full Report Here...


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Featured Technical Report

EUR/USD Weekly Outlook

EUR/USD spiralled lower last week as consolidation from 1.3171 continued. Fall from 1.3138 is the third leg and could extend to 1.2825 and below. But still downside should be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation and bring rebound. On the upside, sustained break of 1.3171 will confirm that rise from 1.2042 has finally resumed and should target 1.3486 key resistance, which is close to 50% retracement of 1.4939 to 1.2042 at 1.3491.

Read more...

Special Reports

RBNZ Leaves OCR At 2.5%, Sounds More Upbeat On Economic Outlook

At the first meeting in his capacity as the RBNZ governor, Graeme Wheeler left the OCR unchanged at 2.5%. He, however, sounded more upbeat on the economic outlook. He believed that 'market sentiment has improved from earlier in the year, suggesting the risks to the global outlook are more balanced'. New Zealand soared after the meeting.

Read more...

FED Maintains Status Quo, Upgrades Economic Assessments Modestly

As expected, the October FOMC meeting contained few surprises. Policymakers decided to keep the fed fund rates and the QE3 program unchanged. Some positive comments were made regarding economic developments though. For instance, the committee upgraded its assessment of household spending to 'has advanced a bit more quickly' in October from 'continued to advance' in its September statement. Moreover, Richmond Fed President Lacker seemed to have changed his stance modestly. We expect the Fed to expand the size of asset purchases by US$45B in December so as to maintain a constant pace of buying after completion of Operation Twist.

Read more...

BOC Left Policy Rate Unchanged, Kept Rate Hike Rhetoric

The Bank of Canada left its benchmark overnight rate target unchanged at 1% in October. Policymakers retained the view that "some modest withdrawal of monetary policy stimulus will likely be required". The central bank also raised its GDP forecast for this year while maintaining and reducing the outlooks for 2013 and 2014 respectively

Read more...

Suggested Readings

The Week in Review and Outlook

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