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19 March 2013

Repo Rate - Expect


market.data.www.besttradetips.com
www.bestttradetips.com
The market is expecting a 25 bps cut in the Repo Rate

Global Markets A View

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Global_markets-www.besttradetips.com


Asian Markets:
At 7: 45 am Asian markets were trading higher.
Hong Kong's Hang Seng added 0.48 percent or 106.25 points at 22,189.61. 


Japan's Nikkei gained 240.75 points at 12,461.38.

Singapore's Straits Times 14.40 points at 3,270.87.

China's Shanghai Composite rose 10.71 points at 2,250.72.

South Korea's Seoul Composite advanced 14.12 points at 1,982.30.

Taiwan's Taiwan up 35.79 points at 7,847.13. 

US markets:

Dow jones  Industrial Average was down 62.05 points at 14,452.06.

Nasdaq Composite declined 11.48 points at 3,237.59.

Standard & Poor's 500 shed 8.60 points at 1,552.10. 


European Markets:

FTSE was down 31.73 points at 6457.92

CAC  declined 18.56 points at 3825.47

DAX was down 32.15 points at 8010.70