market outlook, 19th february, 2013

14
 Jlrebt Iutaiie  Cb`rulry <;! 04<?  www(lhnba`riekhn(oij Jlrebt Iutaiie  Cb`rulry <;! 04<? Fblabrs Fklry Vmb Khfklh jlrebt ks bxpbotbf ti ipbh calt ti pisktkvb! jkrrirkhn _N] Hkcty wmkom ks trlfkhn jlrnkhlaay mknmbr kh tmb ipbhkhn trlfbs( Vmb jlgir Lsklh khfkobs lrb trlfkhn ih l jkxbf hitb lctbr tmb jkhutbs ic alst jihtms @lhe ic Glplh jbbtkhn khfkoltbf tmlt Glplhs boihijy rbjlkhs rbaltkvbay wble( Vmb R_ jlrebts wbrb oaisbf ih Jihfly ciaaiwkhn tmb Trbskfbht.s Fly miakfly( Vmb Buripblh jlrebts trlfbf jistay aiwbr! ljkf hi jlgir lhhiuhobjbht ih tmb blrhkhns ir boihijko fltl criht( @loe mijb kh Khfkl! tmb fijbstko jlrebt jivbf kh l hlrriw rlhnb `bcirb bhfkhn jifbstay mknmbr( _tioes plrbf blray nlkhs! trloekhn jkxbf Buripblh oubs lhf wble khfustrkla jbtla prkobs( Miwbvbr! tmb uhfbraykhn sbhtkjbht rbjlkhbf saknmtay olutkius ls nai`la rltkhns lnbhoy Jiify.s wlrhbf tmlt l oihtkhubf rksb kh Khfkl.s ourrbht*looiuht fbckokt ks ”orbfkt hbnltkvbcir tmb oiuhtry( Kt lasi stltbf tmlt tmb rkskhn ourrbht looiuht fbckokt lhf bxtbrhla fb`t jly kjplot tmb hltkih.s orbfkt rkse prickab( Nikhn lmblf! tmb fijbstko khvbstirs wiuaf `b wltomcua ic tmb fbvbaipjbhts ih tmb Rhkih @ufnbt criht( Vmb jlrebt plrtkokplhts wiuaf lasi ebbp lh byb ih R_ boihijko fltl tmlt ks sombfuabf ti `b rbablsbf kh tmb wbbe! khoaufkhn rbpirts ih miuskhn stlrts! bxkstkhn mijb slabs! lhf oihsujbr lhf prifuobr prkob khcaltkih( Jlrebts Vifly  Vmb trbhf fbokfkhn abvba cir tmb fly ks <;!243 ) 2!=;3 abvbas( Kc HKCV[ trlfbs l`ivb tmks abvba furkhn tmb ckrst mlac*lh*miur ic trlfb tmbh wb jly wkthbss l curtmbr rlaay up ti <;!26; <;!2;= ) 2!;<? 2!;0= abvbas( Miwbvbr! kc HKCV[ trlfbs `baiw <;!243 ) 2!=;3 abvbas cir tmb ckrst mlac*lh*miur ic trlfb tmbh kt jly oirrbot up ti <;!62= <;!6<2 ) 2!==< 2!=3? abvbas( Khfkobs  _0  _<  TKSIV  P<  P0  _BH_B]  <;!6<2 <;!62= <;!243 <;!26; <;!2;= HKCV[ 2!=3? 2!==< 2!=;3 2!;<? 2!;0= Hbws Lhlaysks Vbaboij Oijjksskih laaiws 6N lkrwlvb miafbrs ti iccbr vikob sbrvkobs OBO rboijjbhfs jkhkhn ti rbstlrt kh Elrhltlel  ?\C[04<? Pbsuat Trbvkbw7 N_E Tmlrjlobutkolas Pbcbr fbtlkabf hbws lhlaysks ih tmb ciaaiwkhn plnb Hbt Khcaiws -Cb`rulry <2! 04<?+ ` or Turom _labs Hbt JVF [VF CKK ?!3<4 ?!4;4 204 04!4<3 60!063 JCs 6=3 6;; -<0+ -<!??>+ -3!424+ CKK Fbrkvltkvbs -Cb`rulry <=! 04<?+ ` or Turom _labs Hbt Ipbh Khtbrbst Khfbx Cuturbs 2>= ;;? -6<3+ <4!02; _tioe Cuturbs <!?03 ;?; ?=> ?4!4?< Nlkhbrs ) Aisbrs Nlkhbrs Aisbrs Oijplhy Trkob - ` + omn -"+ Oijplhy Trkob - ` + omn -"+ JJVO 344 =(> Gbt Lkr Khfkl 2>< ->(>+ GT Khcrl 6= 3(4 Mlvbaas Khfkl 3=6 -0(4+ FAC 03< 2(< Gkhfla _tbba ?>; -<(=+ J#J Ckhlhokla 0<<  6(>  Luri`khfi Tmlrjl <=0 -<(=+ Olhlrl @lhe 62>  6(6 Oila Khfkl ?6? -<(=+ Fijbstko Khfkobs Omn -"+ -Tts+ -Oaisb+ @_B _bhsbx 4(0 ?0(; <;!24< Hkcty 4(0 <4(= 2!=;= JKF OLT 4(6 0>(= 3!322 _JLAA OLT 4(> 63(3 3!2=> @_B MO 4(4 <(6 >!;4< @_B T_R 4(? 0?(; >!?<< @LHEB] 4(< <=(4 <6!<36  LRVI 4(< <?(0 <4!=6; JBVLA 4(2 6=(3 ;!;2? IKA # NL_ -4(4+ -?(<+ =!;02 @_B KV -4(2+ -?0(4+ 3!663 Nai`la Khfkobs Omn -"+ -Tts+ -Oaisb+ Fiw Gihbs 4(< =(6 <?!;=0 HL_FL\ -4(0+ -3(3+ ?!<;0 CV_B -4(0+ -<4(<+ 3!?<= Hkeebk  0(< 0?6(4 <<!64= Mlhn _bhn -4(?+ -30(3+ 0?!?=0 _trlkts Vkjbs 4(0 2(< ?!0== _mlhnmlk Oij -4(6+ -<4(=+ 0!600 Khfklh LF P  Omn -"+ -Tts+ -Oaisb+ KHC[ -4(6+ -4(0+ &2<(6  ^KV 4(< 4(4 &;(0 K@H -<(=+ -4(=+ &6?(0 MF@ -4(?+ -4(<+ &?;(= Lfvlhobs ) Fboakhbs @_B H_B  Lfvlhobs <!062 ;43 Fboakhbs =34 2;0 Rhomlhnbf =>6 >< Siaujbs - ` or+ @_B <!34= H_B =!<3<

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7/29/2019 Market Outlook, 19th February, 2013

http://slidepdf.com/reader/full/market-outlook-19th-february-2013 1/13

 Jlrebt Iutaiie  Cb`rulry <;! 04<? 

 www(lhnba`riekhn(oij

Jlrebt Iutaiie  Cb`rulry <;! 04<?

Fblabr‛s Fklry 

Vmb Khfklh jlrebt ks bxpbotbf ti ipbh calt ti pisktkvb! jkrrirkhn _N] Hkcty wmkom ks

trlfkhn jlrnkhlaay mknmbr kh tmb ipbhkhn trlfbs( Vmb jlgir Lsklh khfkobs lrb

trlfkhn ih l jkxbf hitb lctbr tmb jkhutbs ic alst jihtm‛s @lhe ic Glplh jbbtkhnkhfkoltbf tmlt Glplh‛s boihijy rbjlkhs rbaltkvbay wble(

Vmb R_ jlrebts wbrb oaisbf ih Jihfly ciaaiwkhn tmb Trbskfbht.s Fly miakfly( Vmb

Buripblh jlrebts trlfbf jistay aiwbr! ljkf hi jlgir lhhiuhobjbht ih tmb

blrhkhns ir boihijko fltl criht(

@loe mijb kh Khfkl! tmb fijbstko jlrebt jivbf kh l hlrriw rlhnb `bcirb bhfkhn

jifbstay mknmbr( _tioes plrbf blray nlkhs! trloekhn jkxbf Buripblh oubs lhf

wble khfustrkla jbtla prkobs( Miwbvbr! tmb uhfbraykhn sbhtkjbht rbjlkhbf saknmtay 

olutkius ls nai`la rltkhns lnbhoy Jiify.s wlrhbf tmlt l oihtkhubf rksb kh Khfkl.s

ourrbht*looiuht fbckokt ks ”orbfkt hbnltkvb‛ cir tmb oiuhtry( Kt lasi stltbf tmlt tmb

rkskhn ourrbht looiuht fbckokt lhf bxtbrhla fb`t jly kjplot tmb hltkih.s orbfkt rkseprickab( Nikhn lmblf! tmb fijbstko khvbstirs wiuaf `b wltomcua ic tmb

fbvbaipjbhts ih tmb Rhkih @ufnbt criht( Vmb jlrebt plrtkokplhts wiuaf lasi ebbp

lh byb ih R_ boihijko fltl tmlt ks sombfuabf ti `b rbablsbf kh tmb wbbe!

khoaufkhn rbpirts ih miuskhn stlrts! bxkstkhn mijb slabs! lhf oihsujbr lhf

prifuobr prkob khcaltkih(

Jlrebts Vifly  

Vmb trbhf fbokfkhn abvba cir tmb fly ks <;!243 ) 2!=;3 abvbas( Kc HKCV[ trlfbs l`ivb

tmks abvba furkhn tmb ckrst mlac*lh*miur ic trlfb tmbh wb jly wkthbss l curtmbr rlaay 

up ti <;!26; ‟ <;!2;= ) 2!;<? ‟ 2!;0= abvbas( Miwbvbr! kc HKCV[ trlfbs `baiw

<;!243 ) 2!=;3 abvbas cir tmb ckrst mlac*lh*miur ic trlfb tmbh kt jly oirrbot up ti

<;!62= ‟ <;!6<2 ) 2!==< ‟ 2!=3? abvbas(

Khfkobs  _0  _<  TKSIV  P<  P0 

_BH_B]   <;!6<2 <;!62= <;!243 <;!26; <;!2;=

HKCV[  2!=3? 2!==< 2!=;3 2!;<? 2!;0=

Hbws Lhlaysks  Vbaboij Oijjksskih laaiws 6N lkrwlvb miafbrs ti iccbr vikob sbrvkobs

  OBO rboijjbhfs jkhkhn ti rbstlrt kh Elrhltlel 

  ?\C[04<? Pbsuat Trbvkbw7 N_E Tmlrjlobutkolas

Pbcbr fbtlkabf hbws lhlaysks ih tmb ciaaiwkhn plnb 

Hbt Khcaiws -Cb`rulry <2! 04<?+

` or Turom _labs Hbt JVF [VF

CKK ?!3<4 ?!4;4 204 04!4<3 60!063

JCs 6=3 6;; -<0+ -<!??>+ -3!424+

CKK Fbrkvltkvbs -Cb`rulry <=! 04<?+

` or Turom _labs Hbt Ipbh Khtbrbst

Khfbx Cuturbs 2>= ;;? -6<3+ <4!02;

_tioe Cuturbs <!?03 ;?; ?=> ?4!4?<

Nlkhbrs ) AisbrsNlkhbrs Aisbrs

Oijplhy Trkob -`+ omn -"+ Oijplhy Trkob -`+ omn -"+

JJVO 344 =(> Gbt Lkr Khfkl 2>< ->(>+

GT Khcrl 6= 3(4 Mlvbaas Khfkl 3=6 -0(4+

FAC 03< 2(< Gkhfla _tbba ?>; -<(=+

J#J Ckhlhokla 0<<  6(>  Luri`khfi Tmlrjl <=0 -<(=+

Olhlrl @lhe 62>  6(6 Oila Khfkl ?6? -<(=+

Fijbstko Khfkobs Omn -"+ -Tts+ -Oaisb+

@_B _bhsbx 4(0 ?0(; <;!24<

Hkcty  4(0 <4(= 2!=;=

JKF OLT 4(6 0>(= 3!322

_JLAA OLT 4(> 63(3 3!2=>

@_B MO 4(4 <(6 >!;4<

@_B T_R 4(? 0?(; >!?<<

@LHEB]  4(< <=(4 <6!<36

 LRVI 4(< <?(0 <4!=6;

JBVLA 4(2 6=(3 ;!;2?

IKA # NL_ -4(4+ -?(<+ =!;02

@_B KV -4(2+ -?0(4+ 3!663

Nai`la Khfkobs Omn -"+ -Tts+ -Oaisb+

Fiw Gihbs 4(< =(6 <?!;=0HL_FL\ -4(0+ -3(3+ ?!<;0

CV_B -4(0+ -<4(<+ 3!?<=

Hkeebk  0(< 0?6(4 <<!64=

Mlhn _bhn -4(?+ -30(3+ 0?!?=0

_trlkts Vkjbs 4(0 2(< ?!0==

_mlhnmlk Oij -4(6+ -<4(=+ 0!600

Khfklh LFP  Omn -"+ -Tts+ -Oaisb+

KHC[ -4(6+ -4(0+ &2<(6

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MF@ -4(?+ -4(<+ &?;(=

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H_B =!<3<

7/29/2019 Market Outlook, 19th February, 2013

http://slidepdf.com/reader/full/market-outlook-19th-february-2013 2/13

 

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sbrvkobs

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Khfustrkbs `loebf PGK! wmkom mlf siunmt tmb Fbplrtjbht ic Vbaboij‛s pbrjksskih

ti iccbr vikob sbrvkobs ih tip ic kts `rilf`lhf spbotruj( ^b oihtkhub ti rbjlkh

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OBO rboijjbhfs jkhkhn ti rbstlrt kh Elrhltlel

Obhtrla Bjpiwbrbf Oijjkttbb -OBO+ mls rboijjbhfbf _uprbjb Oiurt ti pbrjkt

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jkhbs lctbr sijb spbokckbf P#P oihfktkihs lrb jbt `y tmb jkhbrs( Vmb spbbfkbr

oijjbhobjbht ic prifuotkih crij jkhbs kh Elrhltlel ks akebay ti `b pisktkvb cir

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oijjbhobjbht ic jkhkhn kh Elrhltlel ls wb `bakbvb P#P oijpaklhob `y jkhbrs

ks akebay ti tleb sijb jirb tkjb cir oltbniry @ jkhbs( Rhtka curtmbr upfltb! wb

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7/29/2019 Market Outlook, 19th February, 2013

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7/29/2019 Market Outlook, 19th February, 2013

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7/29/2019 Market Outlook, 19th February, 2013

http://slidepdf.com/reader/full/market-outlook-19th-february-2013 5/13

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