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Wed, 28th September 2016

Anirudh Sethi Report

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Spare 5-7 minutes & Read Some Facts

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 :

http://www.anirudhsethireport.com/good-things-must-come-end-eyes-30th-dec-2013/

http://www.anirudhsethireport.com/without-reason-nothing-happens-watch-25th-dec14/

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.

OPEC may announce agreement on output freeze but no full detail until November – RTRS sources

Reuters said a deal could come today, citing two sources

Intraday highs for WTI at $45.89.

It will be interesting to see what Iran accepts because they’ve been strident that they want to get back to 4m bpd or 4.2m bpd.

There’s plenty of misinformation going around. Even the ‘cut’ by Saudi Arabia is a bit of a mirage. Measuring quotas will also be challenging. For years OPEC countries violated quotas.

Algeria proposes 796K bpd OPEC cut at meeting – BBG

Algeria makes a proposal to cut production, according to a document cited by Bloomberg

  • The proposal would mean a 442K bpd cut for Saudi Arabia compared to August
  • The proposal would include a 3.7mbpd cap for Iran and 10.1 bpd for Saudi Arabia
  • Iran would be able to produce additional 52K bpd from current levels
  • Iraq production would be cut 135K bpd
  • UAE would lose 155K bpd
  • Nigeria and Libya would be exempt

Oil is back up to $45.20 after falling as low as $44.35. It rose around 35-cents on this set of headlines.

My thinking is that this proposal has already been rejected by Iran. They’ve consistently said they will pump 4 mbpd so I struggle to see this idea as having a chance.

Mumbai wealthiest city in India with total wealth of $820 bn

Image result for MUMBAI TUMBLRIndia’s financial capital Mumbai, home to 45,000 millionaires and 28 billionaires, is the wealthiest city in the country with total wealth of USD 820 billion, says a report. According to New World Wealth, Mumbai is followed by Delhi and Bengaluru at the second and third place respectively. While Delhi, home to 22,000 millionaires and 18 billionaires has total wealth of USD 450 billion, Bengaluru boasts of a total wealth of USD 320 billion. The city is home to 7,500 millionaires and 8 billionaires.

Total wealth refers to the private wealth held by all individuals.

The report defines ‘wealth’ as the net assets of a person. It includes all their assets (property, cash, equity, business interests) less any liabilities. The report excludes government funds from its figures.

As per the report, the total wealth held in the country amounts to USD 5.6 trillion (as of June 2016). The country is home to 264,000 millionaires and 95 billionaires in total. Other emerging cities in the country include, Surat, Ahmadabad, Visakhapatnam, Goa, Chandigarh, Jaipur and Vadodara, the report said.

MH17 downed by missile brought in from Russia, investigators claim

A Dutch-led criminal investigation into the shooting down of flight MH17 in 2014 has said the aircraft was downed by an anti-aircraft missile brought in from Russia and fired from territory held by Russian-backed Ukrainian rebels in eastern Ukraine.

A team of more than 100 investigators, including from Australia and Malaysia, have been gathering evidence in an attempt to identify those responsible for the act that killed all 298 people onboard the Malaysian Airlines jet that was flying from Amsterdam to Kuala Lumpur

The findings of the investigators follows the publication last year of a report by the Dutch air accident investigators that concluded the jet was brought down by a missile fired by a sophisticated Russian-made Buk surface-to-air system.

The Russians have repeatedly rejected any involvement and blamed the Ukrainian military. Moscow has changed its version of events a number of times and on Monday the Russian Ministry of Defence released data from radars and a drone monitoring the rebel-held side of the conflict that it said established that no projectiles approached the jet from the rebel side, suggesting the missile was fired from Ukrainian territory.

BlackBerry swings to Q2 loss but outlook beats expectations

BlackBerry revealed a stronger-than-expected profit outlook for the full year, even as the group said it swung to a net loss in its second quarter.

BlackBerry said it expects to post full-year adjusted profit, which excludes certain items, of break-even to a loss of five cents a share compared with Wall Street expectations of a 16 cent loss.

Chief executive John Chen added that BlackBerry’s “pivot to software is taking hold” and forecast 30 per cent growth in the software and services division in the full year.

The Canadian company has been trying to move away from the smartphones that helped it grow to prominence as it has faced intense competition from groups like Apple, the maker of the iPhone.