FDIC Problem Bank list hots new high 644: Our Target is 1800 | read this item
Am reading straight from Calculatedrisk:
This is an unofficial list of Problem Banks compiled only from public sources. Changes and comments from surferdude808:
The Unofficial Problem Bank List underwent major changes during the week as aggregate assets for all institutions were updated to 2009q4 from 2009q3 and the FDIC finally released its enforcement actions issued during January 2010.
The [...]
India wants to buy more GOLD: A price war in making? | read this item
This is disaster for the bullion banks and the FED. With China and India both in the fray to lap up the remaining Gold from the IMF, I cannot imagine the consequences for the bullion banks.
The Reserve Bank of India (RBI), which has increased its gold holdings to diversify its reserves, looks set to be [...]
India Budget Reactions: Fund Managers | read this item
India needs to review public spending and improve its fiscal position, Finance Minister Pranab Mukherjee said on Friday, presenting the budget for the fiscal year starting April 1. He also unveiled efforts to lift agricultural production in a country where high food prices have helped push broader inflation to what some economists expect could hit 10 percent next month, with a push [...]
Following are five key political risk themes for markets to watch in Asia in the coming week, and the Reuters stories related to them.
HOW WILL THAKSIN’S “REDS” RESPOND TO THAI RULING?
Thailand’s Supreme Court ruled late on Friday in favour of confiscating around $1.4 billion of assets amassed by the family of fugitive former premier Thaksin Shinawatra, some $900 million less [...]
Oil Market Summary for 02/22/2010 to 02/26/2010 | read this item
Crude oil broke through the $80 a barrel ceiling repeatedly during the week but kept falling back as hedge funds placed big bets on the Euro’s decline.
First take on Indian Union Budget: Reining In The Gravy Train
India’s 2010 Union Budget began the process of unwinding the massive accommodative stance
The central fiscal deficit is projected to come down to 5.5% in FY11 from a revised 6.7% in FY10. Even though this was in line with market expectations, the government also laid [...]
China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction, Finmarket news agency said.
World central banks started to increase their gold reserves after prices on gold began to climb in 2001. The IMF sells gold within the scope of a program to diversify sources of [...]
China rebuff efforts to revalue Yuan: Says trade surplus falling | read this item
I am great believer in China standing upto to US pressure and not let yuan revalue at the whimsies of the FED. Revaluation of yuan only solves the problem by giving a quick impetus to growth but to maintain that growth still requires stringent measures. Then there is the unanswered question of US fiscal deficit which is to keep [...]
We hereby summarise the bond auctions this week which held another record breaking amount as nearly 150 billion were auctioned between 3 months to 7 year duration. The overall Bid/cover has been very healthy at 2.9 and even with Chinese spat going on, Indirect bidders have been significant with their presence albeit at a lower [...]
Bond auctions results this week | 
