{"id":2031471,"date":"2015-08-02T14:26:32","date_gmt":"2015-08-02T08:56:32","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2031471"},"modified":"2015-08-02T14:26:32","modified_gmt":"2015-08-02T08:56:32","slug":"macro-update-july-2015","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/08\/02\/macro-update-july-2015\/","title":{"rendered":"Macro Update July 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\"<\/a><\/p>\n

Long term US Treasury yields compressed.<\/p>\n

\"ust-yield-curve.2015-06-30\"<\/a><\/p>\n

Institutional investments<\/h3>\n

FIIs were net buyers in July. A welcome relief after June’s selloff.<\/p>\n

\"fii-investments.2014-01-01.2015-07-31\"<\/a><\/p>\n

DIIs joined the bandwagon as well.<\/p>\n

\"dii-investments.2014-01-01.2015-07-31\"<\/a><\/p>\n

Oil<\/h3>\n

Oil got shellacked.<\/p>\n

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

Gold<\/h3>\n

Gold got shellacked too.<\/p>\n

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

Copper<\/h3>\n

Copper got shellacked three.<\/p>\n

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

US Dollar<\/h3>\n

Here is the rally in US Dollar charted:<\/p>\n

\"usd_fut_chart\"<\/a><\/p>\n

Outlook<\/h3>\n

The fall in commodity prices should be a huge windfall for the Indian economy. However, the pace of reforms have come below expectations. The Monsoon Session of the parliament has been a disappointing mess. This has resulted in extended valuations in quality stocks. With a US rate-hike expected in September, we may see a bit of a wobble that might prove to be an excellent time to “buy the dip.”<\/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 US Treasury yields compressed. Institutional investments FIIs were net buyers in July. A welcome relief after June’s selloff. DIIs joined the bandwagon as well. Oil Oil got shellacked. Gold Gold got shellacked … <\/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-2031471","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\/2031471","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=2031471"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2031471\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2031471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2031471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2031471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}