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China's yuan slipped below the psychologically important level of 6.7 to the dollar for the first time in more than five years, after state bank support for the currency tapered off in late trade on Monday. "State banks were quite firm in defending the yuan at 6.6990 before the official close, but since they get off work after 4:30 pm the rates fluctuated more wildly and hit 6.7," said a trader at a Chinese commercial bank in Shanghai. [ 336 more words. ]

http://www.anirudhsethireport.com/chinas-yuan-dips-key-6-7…/

EM ended last week on a soft note, due in large part to the attempted coup in Turkey. Weakness in the lira spilled over into wider EM weakness in thin Friday afternoon market conditions. The situation in Turkey has calmed, and so EM may gain some limited traction this week. However, that calm will likely be very fragile and so we retain a defensive posture with regards to EM. [ 342 more words. ]

http://www.anirudhsethireport.com/emerging-marketsan-updat…/

Emerging Markets:An Update
EM ended last week on a soft note, due in large part to the attempted coup in Turkey.  Weakness in the lira spilled over into wider EM weakness in thin Fri
www.anirudhsethireport.com
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Will Navjot Singh Sidhu be Aam Aadmi Party’s (AAP) chief ministerial candidate for the upcoming Punjab polls? Speculations are rife that Sidhu is all set to join AAP, and some media reports suggest that the Arvind Kejriwal-led party may declare Sidhu as its face for Punjab polls. The news comes even as Sidhu today resigned from his post of BJP’s Rajya Sabha MP. [ 134 more words. ]

http://www.anirudhsethireport.com/navjot-singh-sidhu-may-a…/

Navjot Singh Sidhu may be AAP’s CM candidate for Punjab polls; resigns as BJP Rajya Sabha MP
Will Navjot Singh Sidhu be Aam Aadmi Party’s (AAP) chief ministerial candidate for the upcoming Punjab polls? Speculations are rife that Sidhu is all set t
www.anirudhsethireport.com

No minister or government official can be an office-bearer of the national cricketing body, the Supreme Court on Monday said in a major setback to the BCCI while it also accepted the Lodha Committe recommendation of one state one vote for representation at the BCCI. A Supreme Court bench headed by Chief Justice T S Thakur in a verdict on Monday said that a person cannot be simultaneously a office-bearer in state cricket association as well as in the Board of Control for Cricket in India (BCCI). [ 144 more words. ]

http://www.anirudhsethireport.com/supreme-court-says-no-go…/

Supreme Court says no government minister or official in BCCI (Best Judgement )
No minister or government official can be an office-bearer of the national cricketing body, the Supreme Court on Monday said in a major setback to the BCCI
www.anirudhsethireport.com

Turkish Bist 100 Index -Crashed to close Down (-5319 points ) -6.42% :worst loss since 2013
http://www.anirudhsethireport.com/turkish-bist-100-index-c…/

Ray Dalio about mistakes – Hedge Fund Market Wizards by Jack Schwager
http://www.anirudhsethireport.com/ray-dalio-mistakes-hedge…/

The largest bank in Italy, Unicredit, has 14% non performing loans
http://www.anirudhsethireport.com/largest-bank-italy-unicr…/

Normally, when the head of the FBI under one President says something like «no reasonable prosecutor would bring such a case», as the FBI reported regarding Hillary Clinton's emails, that would be the end of the matter; but Clinton actually still isn’t off the prosecutorial hook of this criminal case, unless and until she becomes President herself. The decision as to whether or not to prosecute her on this matter is not made by the FBI Director, but by the Attorney General. [ 1920 more words. ]

http://www.anirudhsethireport.com/hillary-clintons-email-c…/

Why Hillary Clinton’s Email Case Is Still Not Closed
Normally, when the head of the FBI under one President says something like «no reasonable prosecutor would bring such a case», as the FBI reported regardin
www.anirudhsethireport.com

A quote to inspire: – Adapted to trading:- ‘It is not the markets we conquer, but ourselves’
http://www.anirudhsethireport.com/quote-inspire-adapted-tr…/

Why India gets squeezed in world market despite being largest producer in the world.
http://www.anirudhsethireport.com/india-gets-squeezed-worl…/