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  • Squawk / 16 minutes ago
    research analysis in intrady and short term strategy in xau/usd and xag/usd / WWW.MCXMASTER.IN
    India
    Intraday tip of the day in xau and xag.mm

    Again buy xau and xag at cmp $1164.50-62 range and $15.57-50 range
    keep sl $1155+$15.30

    and tgt1 $1178+$15.85
    and tgt2 $1182+$16.mm
    Read the Squawk
  • Editor’s Picks / 18 minutes ago

    Beijing 0 stock market 1

    Bloomberg view
    China's communist party has spent much of the past few weeks frantically trying to tinker with market forces via a series of measures to reduce the volatility on the Shanghai Composite Index, despite its avowed aim to increase the role of the market. Yet, time and time again, the market takes stock of any Beijing-led interventions, pauses then responds just as the market likes to, undermining the best efforts of China's rulers to keep their house in order. It's an understandable desire on the part of the Chinese government to prevent a market rout, but, say the editors at Bloomberg, its leaders are learning a painful lesson that engagement with markets does not necessarily yield the results they might want. Detachment is by far the better option in the long run.
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  • Editor’s Picks / 1 hour ago

    Varoufakis' toppling is a red herring

    The Telegraph
    The offering up of sacrificial lamb Yanis Varoufakis may have been an astute political move on the part of Greek prime minister Alexis Tsipras, but if creditors think his successor will be a pushover, they are in for a shock, writes Ambrose Evans-Pritchard. Paradoxically, Varoufakis represented the most pro-European element of Syriza, but mooted-replacement Euclid Tsakalotos — again another brilliant economist educated at Oxford — comes from the distinctly eurosceptic wing of the party rooted in radical Marxist ideology. There's a strong difference between the two men, says Evans-Pritchard: "Mr Varoufakis once loved 'Europe', and still cannot stop loving it. Mr Tsakalotos was never a believer in the first place."
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  • Calendar event / 2 hours ago
    Med Industrial Production
    +1%
    Med Industrial Production Monthly
    +0.1%
    +0.4%
    Med Industrial Production Yearly
    +2%
    +2.1%
    Med Manufacturing Output
    0%
    Med Manufacturing Output Monthly
    +0.2%
    -0.6%
    Med Manufacturing Output Yearly
    +1.9%
    +1%
  • Calendar event / 3 hours ago

    NO Industrial Production Index

    forecast
    actual
    Low Manufacturing Output, M/M
    -2.1%
    Low Manufacturing Output, Y/Y
    -2.6%
    Low Manufacturing Output, 3-Month Change
    -0.1%