Fri, 21st October 2016

Anirudh Sethi Report


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Some Facts About Anirudh Sethi in Relate to www.AnirudhSethiReport.com

-AnirudhSethiReport is now owned by ANIRUDH SETHI  (Only Name been used by Real Owner )

-Twitter Id : anirudhsethi71 (Not owned by Anirudh Sethi )

-Anirudh Sethi :Has never Authored any Article in Relate to Indian Stocks/Indices /Commodities of Indian Stocks.

Yes ,Before Regulation came :



Focus by Anirudh Sethi was /Still there :To Track Global Economy ,Global Market ,Forex Market ,Global Commodity Market.

To Organize Seminars on TA/Trading Psychology.

Yes ,Members been made but for Global Market/Commodity Market/For Seminar purpose.

Not Any Where it is written :Anirudh Sethi says this :Buy /Sell or Hold !!

Not Any Where it is written :This is Official Twitter Trading Account of ANIRUDH SETHI

Every Important post is for Members & that too password protected.

Think it over…………………………………

By Banning Anirudh Sethi ,Readers/Traders :Don’t know Fact they just do BLA BLA.

For ANIRUDH SETHI name is important ,Across Globe people Recognise him by name not by Sensex/Nifty or Stocks.

In 2007 ,Focus was Technical Analysis ,Now also Focus is on TA :Already Boldly mentioned on 30th Dec 2013 & 25th Dec ’14 :Stopped writing about Stocks/Commodity.

India : Forex reserves dip by $1.5 billion to $366.13 billion

India’s foreign exchange reserves declined by USD 1.506 billion to USD 366.139 billion in the week to October 14, due to fall in foreign currency assets, the Reserve Bank said today.

In the previous week, the reserves had decreased by USD 4.343 billion to USD 367.646 billion.

It had touched a life-time high of USD 371.99 billion in the week to September 30, 2016.

Foreign currency assets (FCAs), a major component of the overall reserves, dipped by USD 1.486  .. 

FCAs, expressed in US dollar terms, include the effect of appreciation/depreciation of non-US currencies such as the euro, pound and the yen held in the reserves.

Gold reserves remained steady at USD 21.406 billion, the apex bank said. 

The special drawing rights with the International Monetary Fund declined by USD 8 million to USD 1.468 billion, while India’s reserve position with the Fund dipped by USD 12.8 million to USD 2.356 billion, RBI said. 

For China’s online shoppers, all the world’s a market

The quest for quality goods and low prices has Chinese shoppers pumping more of their cash into e-commerce sites selling foreign products, a recent study shows.  

Fueling the trend is the growing push among e-tailers to improve their cross-border services, as well as support from the government. This swelling marketplace offers big opportunities for companies in countries like Japan, where domestic consumption is faltering.

 The Tsinghua-Nikkei Institute of Media Studies, a joint research outfit between Japan’s Nikkei group and Tsinghua University in China, has been studying this burgeoning market. The following are some of the its findings.

Shopping on the go

China’s cross-border e-commerce market is expected to grow to 1 trillion yuan ($148 billion) in 2018. According to National Bureau of Statistics of China, shoppers there spent 3.88 trillion yuan online in 2015, up 33.3% from the previous year. That figure accounts for 12.9% of all retail sales of durable goods in the country and is equal to nearly half the value of Japan’s retail market.

Of particular interest is the rise in the number of people accessing shopping sites from smartphones and other mobile devices. According to iResearch Consulting Group, 55.5% of China’s online shoppers made purchases from mobile devices in 2015, up 21.7% from the previous year and topping the ratio for people making purchases via computers.

The number of mobile shoppers is expected to continue rising. And their purchases are diversifying, ranging from fresh food to clothing to luxury goods. One upshot of the increased online buying is the growing ubiquity of delivery trucks in Beijing and other big cities.

Turning to the internet to make all sorts of purchases is gradually becoming a part of everyday life in China. And that trend is rapidly fueling the rise of cross-border shopping.

The cross-border trend really took hold in China in 2014. That year, the government introduced measures to encourage businesses to focus on their cross-border shopping site operations, and internet companies launched new services that are easy for Chinese online shoppers to use.

According to the China e-Business Research Center, there were 18 million haitaoshoppers, or people who make purchases on cross-border shopping sites, in China in 2014. The number is projected to almost double to 35.6 million in 2018, inflating the cross-border e-commerce market to some 1 trillion yuan, roughly the same as Japan’s overall e-commerce market in 2015.


French, German Leaders Warn UK Facing ‘Hard’ Brexit Talks With EU

According to The Guardian, German Chancellor Angela Merkel warned that Brexit negotiations would be “rough,” as May talked to EU leaders during the first day of a two-day European Council summit in Brussels.

French President Francois Hollande reportedly said that if May wanted “a hard Brexit,” the talks on the matter would be “hard” as well.

European Council President Donald Tusk said he would prefer the United Kingdom to remain part of the European Union but the decision of the British people to leave the bloc should be respected. On June 23, the United Kingdom voted in a referendum to leave the European Union. On October 2, May said that the country would trigger Article 50 of the EU Lisbon Treaty to initiate the procedure to leave the bloc by the end of March 2017. A Sky Data poll revealed on Friday that almost half of Brits (49 percent) feared the prime minister had no clear plan on what Brexit should mean for the country, but most people (46 percent) still trusted May to get the best possible deal.

Digital India : 32 lakh cards compromised

About 32 lakh debit cards are suspected of being exposed to malicious software following which several banks have decided to either replace or ask customers to change their security codes.

The National Payment Corporation of India (NPCI), an umbrella organisation for all retail payment system in India said that the complaints of fraudulent withdrawals are limited to cards of 19 banks and 641 customers.

The total amount involved is Rs 1.3 crore as reported by various affected banks to NPCI.

While the number of debit cards that are suspected of being compromised is just less than half the per cent of the total 60 crore debit cards in the country, banks have reassured customers that they are taking all precautionary and pro-active measures to protect the interest of account holders.

A.P. Hota, MD & CEO, NPCI, said that necessary corrective actions have already been taken and there is no reason for bank customers to panic as the advisory issued by NPCI to banks for ‘re-cardification’ is part of a preventive exercise.

According to him, the matter came to light following receipt of complaints from customers about their cards being fraudulently used mainly in China and USA while they were in India.

Russia Could Increase Oil Output to 200 Mln Tonnes Annually – Rosneft CEO

RosneftSechin said at the Eurasian Forum in Verona that deficits could be reversed and the security of Eurasia’s energy supplies could be provided by new projects in the Arctic shelf, northern Western Siberia and the Caspian Sea, as well as pipeline and other energy infrastructure development.

“If there is market demand and appropriate technological and economic conditions develop, then Russia will be able to significantly increase oil production in the future. According to estimates, up to 200 million tonnes of additional annual production,” Sechind forecast. Rosneft estimates the additional increase in global oil consumption of at least 15 million barrels per day until 2040, Sechin said. “Almost all forecasts, including calculations, carried out by Rosneft show on the horizon of 2040 an additional increase in daily oil consumption of at least 15 million barrels.”