The Dog wags the tail on Wall Street. The amazzing dog frowns at Police at NY
Angel Merkel and Sarkozy met and spoke in their natives, it seems that both speak but nothing was Heard. It seems the impasse continuous. The Active downgrade Banks continued from rating agencies. This does not make things great. The Belgium seems to be next show to fall.
In India, at 1100 hrs ' Telecom Policy' is to be declared and the 2G Hearing on Dr Swamy's appeal resumes. The Weekend news that Reliance Capital to market Insurance Arm to Nippon may auger well for the Stock
The Result season is flagged off with Infosys in this week and On Tuesday, I.I.P nos may reveal some more about Economic data. The Banking data showed continuance of good banking data as lending remained at 19.2% and Deposits increased marginally. How ever the weekend bond auction saw some ugly results of hardening of Yield.
In US, Tuesdays FOMC Minutes may reveal some more ailing economic indicators and may decide the need for QE 3. Alcoa result to honk on Tuesday and Wednesday factory orders are drivers. Thursday, JP Morgan and Google to be the game changers, While Retail Sales may show some respite , Fridays, Consumer Confidence, and Imp-Exp prices to set tone on Dollar Index. The Hurricanes will have Blow there Wings in the middle of the week and bloom on closure of the week.
Euro Zone Head Leaders to congregate for another Talkathon.
Expecting some Harsh news in the chaos at the week End
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