MSolutions

मन से 'रावण' जो निकाले 'राम' उके मन में हैं !! The devision of time into Yugas as done by puranas :-
Satya Yuga
Treta Yuga
Dwapar Yuga
Kali Yuga
In Satya Yuga evil happens to be in a different world, different existence as known as Patala..
In Treta Yuga evil had a deeper infiltration he came closer from another world to another country (shrilanka) as Ravana..
In Dwapar Yuga evil had reached even deeper and darker levels of infiltration, from another country, the evil came into the same family(kauravas)...
Coming to Kali Yuga the infiltration of evil is complete and he came closer and closer from another world to another country, from another country to the same family and now it's within us.. evil is inside us... It's always our decision whom we want to win..
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Australian Dollar Could Slide Again If RBA Speakers Stay Dovish
Mar 16, 2019 3:30 am +05:30


by MSolutions, Analyst

Fundamental Australian Dollar Forecast: Bearish

The coming week brings plentiful opportunities to gauge thinking at the Reserve Bank of Australia

Recent history suggests that this may not be good news for Aussie bulls

Look out for signs of trade settlement between the US and China though

Sentiment Page

The Australian Dollar endured a somewhat calmer time last week than it has for much of this young year.

Admittedly-feeble official Gross Domestic Product numbers were probably the domestic focus. However, they were for the final quarter of 2018 and investors have had plenty of more current data to chew over since then, not that much of it has been particularly rosy.

In any event the currency didn’t suffer the sort of knocks it had to endure last month when the Reserve Bank of Australia admitted that record low interest rates could yet fall further, and when it made big cuts to its own growth and inflation forecasts.

The coming week will bring the minutes of the last RBA monetary policy meeting and speeches from two of its members. Deputy Governor Guy Debelle and Assistant Governor Michael Bullock will both be talking.

Given the relatively ‘dovish’ monetary policy tone of RBA speakers these days, it seems unlikely that any of these events will be especially upbeat for the Australian Dollar. Any reminders that the RBA welcomes a weaker currency or leans towards a neutral view of the likely interest rate path, could see the Aussie slip further.

Some key economic data are also due, though, of which official employment numbers will be the most important. The labor market is one of Australia’s few unarguable economic success stories, with strong job creation holding up remarkably well even as other indicators wilt. If this trend endures, Aussie bulls could well jump at it, but signs of weakness even here would probably be quite damaging to their cause.

Purchasing Managers Indexes for March will also be released. The previous month’s PMI showed the service sector in the doldrums while manufacturing continued to expand. Traders can probably expect a short-lived AUD/USD move on these data but little more given their modest bearing on inflation and, therefore, RBA policy.

All up this looks like a week when the overall lack of interest-rate support could weigh on the currency again, so it’s a bearish call. Assuming no outlandish economic weakness, however, there seems little reason to suppose that falls will be heavy, even so. Look out for trade-settlement headlines between the US and China too. Hints of progress here will very likely see AUD/USD catch a bid.

Crude Oil Price Rebound May Struggle on US, China Trade War Fears
Jan 8, 2019 12.17 +05:30

CRUDE OIL & GOLD TALKING POINTS:
Crude oil gains with stocks on China RRR cut, upbeat US jobs data
Gold prices fall as yields rise in risk-on trade, but Powell helps a bit
Tense US, China talks may cool hopes for trade war de-escalation
Crude oil prices rose amid a broad-based recovery in risk appetite on Friday, echoing a spirited rise in global share prices. China announced that it will cut banks’ reserve requirement ratio (RRR) by 1 percent, cooling global slowdown fears. That was reinforced by impressively strong US jobs data as well as dovish comments from Fed Chair Jerome Powell.

Not surprisingly, gold prices fared poorly against the risk-on backdrop as ebbing haven demand weighed on Treasury bonds, sending yields higher and undermining non-interest-bearing assets epitomized by the yellow metal. Mr Powell’s comments helped erase some intraday losses however. The US Dollar traded sharply lower in their wake, boosting the appeal of anti-fiat alternatives.