Check mate left or palm or left palm !! its jumbled yet clear the way u go about reading!!

date Sep 20, 2007 12:39 AM
mailed-by gmail.com
with .50% reduction(to 4.75%pa) in interest rate(for the US FEd had no other choice but to save the industry, run on the compnay’s, various sectrors, this time the benefits are going to be much larger as the arbitrage opportunities shall lie in the asian markets because of the interest differentials and also for the capacity to absorb - mainly India and China.The recovery is imminent and as analysts have been predicting that in the scond half the interest rates should reduce- IT HAPPENED.
Softer rates shall help increase the inflows and also help the rupee appriciate further!
Alarm for the IT and exports!
Boon for the real estate and the manufacturting sector. Banking and Commodities sector. Eq/Fx/MM/FI all are expected to gain.
Infrastructure and the long term investors should hold and wait for another couple of months as the rates should stablise at 3-3.5% by March 08(Trend) yen to appriciate in the short term, then depriciate - japan has started understanding that they can afford to increase rates and thats what they have been doing for the last 6 months - carry trade to reduce as dollar borrowings may increase - leading to dep in USD—vicious cycle!! BAck to 1! rates can now save US economy!!!!
Euro to appriciate further and be more favoured
Dollar due to un preceedented volatility and boiling political crisis in US shall make dollar weaken
Crude to harden further
Commodities to touch new highs
Next wave of investments and growth for the next 10 years in India and China to emerge as the leading destinantions
CIS countries to draw attention and investments!!
Chile and Brazil to follow and emerge!
Back home - reduction in CRR
Housing to get boost
credit offtake to reduce for the next couple of months, Jan - March 08 to see double digit growth Markets to cross 20000 by sept 08!! whats ur take!!