{"id":2027921,"date":"2015-07-01T13:18:38","date_gmt":"2015-07-01T07:48:38","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2027921"},"modified":"2015-07-01T13:18:38","modified_gmt":"2015-07-01T07:48:38","slug":"macro-update-june-2015","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/07\/01\/macro-update-june-2015\/","title":{"rendered":"Macro Update June 2015"},"content":{"rendered":"

US TREASURIES VS. GILT SPREAD<\/h3>\n

The spread between 10yr US Treasuries and Indian Gilts remained within a tight range this month.<\/p>\n

\"ust-ind-10yr-spread.2011-01-18\"<\/p>\n

Long-term bond yields continued their ascent:<\/p>\n

\"ust-yield-curve.2015-06-01\"<\/p>\n

INSTITUTIONAL INVESTMENTS<\/h3>\n

FIIs came back to the debt market but took money out of equities…<\/p>\n

\"fii-investments.2014-01-01.2015-06-30\"<\/p>\n

… while DIIs gulped down debt as well.<\/p>\n

\"dii-investments.2014-01-01.2015-06-30\"<\/p>\n

Oil<\/h3>\n

Oil futures remained flat.<\/p>\n

\"wti-brent.2011-01-18\"<\/p>\n

Gold<\/h3>\n

If all the uncertainties cannot move gold up, I am not sure what will.<\/p>\n

\"gold.usd\"<\/p>\n

Copper<\/h3>\n

After a brief period of enthusiasm, it looks like copper has given up on industrial growth again.<\/p>\n

\"copper.usd\"<\/p>\n

Dollar Index<\/h3>\n

Looks like the dollar index (DXY) has found a range.<\/p>\n

<\/p>\n

Outlook<\/h3>\n

Although the Indian markets have shrugged off Grexit for now, nobody really knows the extent to which the contagion can spread. It’s basically a known unknown at this point.<\/p>\n

With the monsoon expected to be normal and earnings to begin in earnest only by the end of July, the first couple of weeks of July is going to be driven by optimism.<\/p>\n","protected":false},"excerpt":{"rendered":"

US TREASURIES VS. GILT SPREAD The spread between 10yr US Treasuries and Indian Gilts remained within a tight range this month. Long-term bond yields continued their ascent: INSTITUTIONAL INVESTMENTS FIIs came back to the debt market but took money out of equities… … while DIIs gulped down debt as well. Oil Oil futures remained flat. … <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[3481],"class_list":["post-2027921","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-macro","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2027921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2027921"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2027921\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2027921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2027921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2027921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}