The document provides an economic and currency highlights for October 14th, 2016, noting that India's CPI plunged to 4.31% in September, US unemployment claims were unchanged at 246,000, and Germany's CPI was unchanged at 0.1%; it also provides technical analysis and views on various currency pairs, and a schedule of upcoming economic indicators and central bank speeches.
#ChoiceBroking #EquityBazaar - Today, We may witness mild positive opening in Nifty around 8584 level on back of SGX Nifty and other Asian counters which is trading on mixed note today.
#ChoiceBroking #EquityBazaar - Today, We may witness mild positive opening in Nifty around 8584 level on back of SGX Nifty and other Asian counters which is trading on mixed note today.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
Currency high lights 14.10.16
1. Currency Highlights
14th
Oct’2016
HighLights:
India’s CPI plunged to 4.31 percent in the month of September
US Unemployment Claims at 246,000 for w/e on 7th Oct’16
German Final CPI unchanged at 0.1 percent in the last month
China’s Consumer Price Index (CPI) grew 1.9 percent in Sep’16
China’s Consumer Price Index (CPI) grew by 1.9 percent in Septem-
ber as against a rise of 1.3 percent in August. Producer Price Index
(PPI) also increased by 0.1 percent in September from a decline of
0.8 percent a month ago.
Indian Rupee came under pressure and depreciated by 40 paise to
end at 66.94 against the US dollar on Thursday. The currency de-
preciated on account of increased dollar demand from banks and
importers. Further, plunge in the country’s industrial production
data led to negative movement in the currency.
Moreover, weak domestic market sentiments kept the currency in negative territory. Indian Rupee moved in the range of
66.76 to 66.9550 in Thursday’s trading session. The Reserve Bank of India (RBI) fixed reference rate for the dollar was seen at
66.84 and Euro stood at 73.66 as on 13th October, 2016.
India’s Consumer Price Index (CPI) plunged to 4.31 percent in September as against a rise of 5.05 percent in August.
US Dollar Index declined by 0.45 percent in Thursday’s trading session due to unfavourable economic data from the country.
However, sharp fall in the currency was cushioned due to rise in risk aversion in global markets which led to increase in de-
mand for the low yielding currency.
US Unemployment Claims remained unchanged at 246,000 for the week ending on 7th Oct’16. Import Prices grew by 0.1 per-
cent in September with respect to decline of 0.2 percent in August.
Euro against dollar rose around 0.45 percent on Thursday on account of weakness in the dollar index. However, sharp upside
in the currency was capped as a result of unfavourable economic data from the region along with weak global market se-
nitments.
German Final Consumer Price Index (CPI) remained unchanged at 0.1 percent in September.
The Sterling Pound gained around by around 0.38 percent in Thursday’s trade as a result of estimates of favourable economic
data from the country. Further, weaker dollar continued with positive movement in the currency. However, sharp rise in the
currency was prevented due to weak global market senitments.
The Japanese Yen against dollar appreciated around 0.5 percent in Thursday’s trading session due to rise in risk aversion in
global market sentiments which led to increase in demand for the low yielding currency.
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Last PrevCl. PriceChng PriceChng%
DollarIndex 97.85 97.99 (0.14) (0.14)
USD/INR(Spot) 66.92 66.82 0.10 0.15
USD/INR(NseOct) 67.03 66.67 0.36 0.54
EUR/INR(Spot) 73.76 73.56 0.20 0.27
EUR/INR(NseOct) 73.94 74.49 (0.55) (0.74)
GBP/INR(Spot) 81.60 81.59 0.01 0.01
GBP/INR(NseOct) 81.81 82.93 (1.12) (1.37)
JPY/INR(NseOct) 64.51 64.52 (0.01) (0.02)
MarketHighlights
2. Technical View:
On daily chart JPYINR prices have been trading in sym-
metrical triangle pattern and shown breakdown of its
symmetrical triangle pattern. However, price has formed
bearish candle stick on daily chart.
Moreover, breakdown can be seen in the prices with bol-
stering volumes. On the other hand price has shown
breakdown of its rising trend line at 65.60 levels on daily
chart.
Furthermore, prices have been trading below its 21 DE-
MA, which suggest short term trend is negative.
On daily chart momentum indicator RSI is trading below
at 45 levels which suggest further weakness in the pric-
es.
So for trading perspective, one could use sell in the
range of 64.70 with SL of 65 for Target of 64 levels.
Pivot levels for the Day
Technical View:
On daily USDINR prices have been trading in falling
channel formation from past few weeks and prices have
been facing resistance at upper band of channel pattern
at 67.05 levels. The pair has formed bearish candle stick
with appealing volumes.
On the other hand, prices have been facing resistance of
horizontal trend line at 66.95 levels on daily chart.
Moreover, prices have been trading below 21 DEMA
which gives the sign of bearishness in the prices.
A momentum indictor RSI has traded below 60 levels,
which suggest further weakness in the prices.
So for trading perspective, one could sell in range 67.05
with SL of 67.35 for target of 66.45.
Currency Highlights
14th
Oct’2016
USDINR JPYINR
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
S3 S2 S1 Pivot R1 R2 R3
USDINR 66.57 66.78 66.91 66.99 67.12 67.20 67.41
JPYINR 63.88 64.18 64.35 64.48 64.65 64.78 65.08
3. Pivot levels for the Day
Currency Highlights
14th
Oct’2016
GBPINR EURINR
Technical View:
The EURINR pair has been trading in descending triangle
pattern and price has shown breakdown of its symmet-
rical triangle pattern at 74.80 levels on daily chart.
Moreover, prices have been trading below its 21 DE-
MA, which suggest short term trend is down. The pair
has shown breakdown of its horizontal trend line at
74.70 levels on daily chart.
On daily chart momentum oscillator RSI have been trad-
ing below 60 which suggest bearishness in the prices.
A momentum indicator MACD has shown negative
crossover on daily chart, which add more bearishness in
the prices.
For now we can expect prices should move lower to-
wards 73.20 levels in the coming trading session.
Technical View:
On daily GBPINR price has been trading in falling chan-
nel pattern and price has shown breakdown of its falling
channel pattern at 83.50 levels on daily chart.
Moreover, prices have been trading below 21 DEMA,
which suggest short term trend remains weak.
The price has given breakdown of horizontal trend line
at 85.20 levels on daily chart.
A momentum indicator MADC has given negative Cross
over on daily chart, which gives the sign of bearishness
in the prices.
The momentum indictor RSI has been trading below 40
levels on daily chart. Which suggest lack of strength in
the prices.
For now we expect prices should move lower towards
81.20 levels coming trading sessions.
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
S3 S2 S1 Pivot R1 R2 R3
GBPINR 80.71 81.21 81.52 81.71 82.02 82.21 82.71
EURINR 73.07 73.51 73.72 73.95 74.16 74.39 74.83
4. Currency Highlights
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
14th
Oct’2016
Economic Indicators
Date Time Data Prior Expected Impact
14.10.16 7:00 AM CPI y/y 1.3% 1.6% Actual > Forecast = Good
for currency; CNY
14.10.16 7:00 AM PPI y/y -0.8% -0.4% Actual >Forecast = Good for
currency; CNY
14.10.16 14th-18th Foreign Direct Investment
ytd/y
4.5% Actual >Forecast = Good for
currency; CNY
14.10.16 14th-16th M2 Money Supply y/y 11.4% 11.6% Actual< Forecast = Good for
currency; USDINR
14.10.16 14th-16th New Loans 949B 1000B More hawkish than expected
= Good for currency;
14.10.16 6:00 PM Core Retail Sales m/m -0.1% 0.4% Actual > Forecast = Good
for currency; USDINR
14.10.16 6:00 PM PPI m/m 0.0% 0.2% Actual > Forecast = Good
for currency; USDINR
14.10.16 6:00 PM Retail Sales m/m -0.3% 0.6% Actual > Forecast = Good
for currency; USDINR
14.10.16 Tentative BOE Gov Carney Speaks More hawkish than expected
= Good for currency;
GBPINR
14.10.16 7:30 PM Prelim UoM Consumer Senti-
ment
91.2 92.1 Actual > Forecast = Good
for currency; USDINR
14.10.16 11:00 PM Fed Chair Yellen Speaks More hawkish than expected
= Good for currency;
USDINR
5. Currency Highlights
14th
Oct’2016
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Anish Vyas
Digitally signed by Anish Vyas
DN: cn=Anish Vyas, o=Choice Merchandise
Broking Pvt. Ltd, ou=Sr. Research Associate,
email=anish.vyas@choiceindia.com, c=IN
Date: 2016.10.14 08:57:46 +05'30'