Expectation about China and faltering European equity “MANAGEMENT” pulled the world stock market lower. Apart from this, United States Dollar had lost its shine as Federal Reserve is in dilemma whether to continue the purchase of Bad Debts or not.
CHINESE CENTRAL BANK
China had started to tighten the monetary policy to curtail risks. Automatically the booming property market will cool off. Central Bank of China had started preparing to control the banks on interbank lending and property lending.
What I told is that invest in Mid-Cap stock and emerging stocks of USA, it will rise first. So invest now to start gaining the profit from Mid-Caps.
EUROPEAN CENTRAL BANK
AstraZeneca is going to be bought by Pfizer “MANAGEMENT”, which brought the Euro market down. Deutshce Bank started restructuring, so its share started weakening. But when share of Deutsche Bank comes down start collecting, this will be a good share for the future. It had weakened due to heavy fines and settlement done by the authorities actually affected its profitability.
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European Central Bank must cut the interest rate to help the corporate do good activity in the market. Ireland, the weakest link in the European market, Spain and Italy started picking up. As more activities are expected, US crude prices have risen to US$102.67/barrel.”MANAGEMENT”
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