Commodity Outlook for Crude Oil by KediaCommodity

Crude OilCrude Oil prices fell with ending a 4-day rally market, as China in a surprise move rose for a second time this year its bank reserve requirement, up 50 basis points, and European countries failed to spell out promises to help financially troubled Greece with its sovereign debt. now technically market is trading in the range as RSI for 18days is currently indicating 46.09, where as 50DMA is at 3583.68 and crude is trading below the same and getting support at 3420 and below could see a test of 3408 level, And resistance is now likely to be seen at 3446, a move above could see prices testing 3460.

Trading Ideas:

Crude trading range is 3408-3460.

Tony Blair wants one world under malaria

MalariaCan malaria be effectively used to combat terrorism? Strange as that might sound, that is exactly what is under experimentation by former British Prime Minister Tony Blair.

After ceasing to be premier, Blair, who was always interested in bringing people of different religions together, set up the TonyBlairFaithFoundation which has a project underway in Asian and African countries which hopes to achieve just that.

Obama reworks message strategy

Barack ObamaWhite House officials are retooling the administration’s communications strategy to produce faster responses to political adversaries, a more disciplined focus on President Barack Obama’s call for “change” in Washington and an increasingly selective use of the president’s time.

The messaging adjustments are the result of an end-of-the-year analysis in which White House advisers said the president’s communications team had not taken the initiative often enough and had allowed drawn-out debates in Congress, and relentless criticism by Republicans, to drown out his message.

Commodity Outlook for Silver by KediaCommodity

SilverSilver also moved in the positive zone as lifted by concerns over the outlook for the currency ma

‘My Name Is Khan’ Breaks One-Day Sales Record For Bollywood Films In US

‘My Name Is Khan’ Breaks One-Day Sales Record For Bollywood Films In USEarning $761,000 on Sunday, the highest one-day earning ever for any Hindi movie in North America, Karan Johar's "My Name Is Khan" is on a record-hitting spree at 'BO'.

In the starting, SRK-starrer was likely to go down by 7% over Saturday to $682,000. However, it did well on Sunday making $761,000 for a 4% surge.

Telangana rocks House, streets

Telugu Desam PartyStudents fought pitched battles with security personnel on the Osmania University campus for the second consecutive day on Monday while some Congress legislators from Telangana disrupted Governor E. S. L. Narasimhan’s address to the joint session of the Andhra Pradesh Assembly and Council.

The legislators were protesting against the terms of reference of Justice Srikrishna panel, set up by the Centre to examine the issue of statehood.

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