As expected the front page of all the financial news papers covers the story of S&P negative on India . I was just trying to figure out the implications of S&P outlook downgrade to India, The agency retained the rating at BBB-, but said it was changing its outlook from stable to negative. let’s try to figure out the impact :-
- Well the rating is BBB- S&P just gone to pessimist and revised its outlook for India country rating negative.
- BBB- is the last rung in the ratings grade of S&P ,downgrade from here meaning India will be having speculative grade rating. Continue reading “S&P Rating implications on India :”
The weekend was very important for the Europe mainly for the france as the Presidential Election is underway and Francois Hollande: 28.4% – with victory virtually assured in the runoff round on May 6, it is now Hollande’s election to lose, and Nicholas Sarkozy: 25.5% – make the runoff round.
It’s a big day tomorrow for the Indian markets as it’s the day of Akshaya Tritiya in India has been traditionally considered very auspicious for purchasing gold, silver, ornaments, precious stones, real estate and other long-term assets. It’s the occasion for traders,Broking houses,Banks and exchanges too who have increased their working hours for the day. Continue reading “France weekend, Indian Commodities for the week”
I have been writing over commodities from the last 2 years and the potential of it and the hurdles it faces, In one of my recent post I raised the concerns for cotton & gold and indeed for the cotton too.
Off late the retail investors allowed entering in the Indian commodities market, which has been dominated by the big corporate, trading houses and industries by large. Commodities as a separate asset class has immense potential for the market savvy investors, arbitrageurs and speculators. Out of the three the market is more of speculation and arbitrage, Continue reading “The Great Indian commodities market”
In the past months lot of country ratings were reviewed in the European region as well as across Asia, I tried to figure out how they are being monitored in the mean while came across an interesting paper on the risk ascertain by the International Banks.
The risk had been divided on the basis of 5 ratings that are issued to access country risk:
Continuing from my yesterday’s post why Central clearing is one of the solution if we just analyse recent crisis.In the financial crisis of 2008, banks feared that their trading partners might not be able to meet obligations to make good on the credit-default swaps,and on derivatives plus other financial arrangements. The situation set off a chain reaction that paralyzed global markets until governments and central banks provided enormous financial support.
Continue reading “Central Clearning Of derivatives & Dodd – Frank continues…”