Tuesday, 7 February 2017

'Rupee Lower to 68 and even 68.35 to Dollar'

Six long weeks of a narrow sideways consolidation between 67.7 and 68.35 in the Indian rupee came to an end last week.
The rupee strengthened, decisively breaking the range above 67.7. It opened with a gap-up and continued to strengthen against the dollar all through the week. It made a high of 67.15 on Monday before closing at 67.22, up 1.1 per cent for the week. Weak dollar, coupled with a strong rally in domestic equity indices, helped the rupee gain ground.

Dollar outlook

The US dollar index has been falling continuously for more than a month since the last week of December 2016. The index is currently finding support around 99.30. It made a low of 99.23 on Friday and has bounced back from there to trade at 99.65 now. The 38.2 per cent Fibonacci retracement support is at 99.23. If the index manages to sustain above this support, a range-bound move between 99.23 and 101 is possible for some time. But, a strong break below 99.23 may increase the downside pressure and drag the dollar index lower to 98 and 97.7.
Crucial resistance for the dollar index is in the 101.5 and 101.7 zone. The downside pressure will ease only if the index breaches above 101.7 decisively. But such a strong rally looks less probable at the moment.
Data watch

The coming week is packed with a series of important data releases. It starts with the Reserve Bank of India’s monetary policy meeting on Wednesday. This becomes a key event to watch out for, especially after the Budget, as expectations are high for a 25-basis point rate cut.
The outcome of the RBI meeting may play a significant role in deciding on whether or not the rupee could strengthen further against the dollar. This will be followed by the Index of Industrial Production (IIP) and the Consumer Price Index (CPI) inflation numbers on Friday and Monday, respectively.
Rupee outlook

The strong rally in the past week breaking the prolonged narrow consolidation is a positive for the rupee. However, there is a crucial support near current levels at 67.10.
Whether or not the rupee breaks above this support will decide the next move for it. Inability to break above 67.1 and a strong reversal from there may have the potential to take the rupee lower to 68 and even 68.35 in the short term.
On the other hand, if the rupee decisively manages to surpass the hurdle at 67.10, it can move higher to 66.90 initially. Further break above 66.90 may see the rupee strengthening to 66.30 or even 66 thereafter.

Saturday, 4 February 2017

'Big Sean opened the Freestyle: The Sure-to-be-Controversial Macabre'

Big Sean delivered a Secret Service-baiting boast in a politically minded freestyle that the rapper performed on Funkmaster Flex’s Hot 97 show Thursday,
On the track, Big Sean rapped, "I know 'Ye proud of me, he took me out of debt/I know Jay proud of me, he put this 'round my neck/And I might just kill ISIS with the same icepick / That I murder Donald Trump in the same night with."
The sure-to-be-controversial macabre barb is reminiscent of something Sean's fellow Motor City rapper Eminem would have written; Slim Shady previously trashed Trump supporters on "Campaign Speech."
Big Sean opened the freestyle, which rode over Freeway's "What We Do" beat, with the line, "I canceled my Uber, it's time to Lyft the burden," a nod to the former's controversial decision to have drivers pick up passengers at New York's JFK Airport even as taxis went on strike during the Muslim ban protests.
The rapper's new LP I Decidedarrived Friday, and as Big Sean noted in his freestyle, he's "celebrating like they told me 'You are not the father' live on the Mauryshow."

Virat Kohli: "I was Taking a lot of Advice from MS"

Virat Kohli could not have asked for a better initiation into full-time captaincy than a series win in both the ODIs and T20Is by identical 2-1 margins.
 That he had India's most successful captain MS Dhoni to guide him in challenging situations has only made him wiser.
Kohli was seen discussing with Dhoni at various points in this series, even if means running from his position at long off to the wicketkeeper and running back to his spot. That Kohli is eager to learn was also evident.
By his own admission after clinching the T20 series in Bengaluru on Wednesday night, Kohli said: "I was taking a lot of advice from MS. I was also talking a lot to Ashish Nehra. 
I have captained in Tests for a while. But ODI and T20 cricket moves very fast. A guy who has done captaincy for so long understands the game very well. It's never a bad idea to take his suggestions at crucial times in the game. I followed my instinct a lot of times.
Whenever I needed, I have gone and discussed with him."
Kohli gave an instance from the third T20 to prove a point of collective minds benefitting the team. "After that over from Chahal, I was thinking of giving Hardik Pandya another over. Instead, Dhoni and Nehra suggested that let's not wait till the 19th over and instead bring on the main bowler back.
"These kinds of things always help you as captain who is starting in shorter formats. But I am not new to captaincy but at the same time, it is a balance of understanding the skills that are needed to captain in shorter format that MS has been helping me a lot."
Irrespective of who captains, it is the responsibility individuals take towards the team's success that makes Kohli happy.
"The talks we have in the change room is on the basis of taking every day as an opportunity when we step on the field. It doesn't matter if I am captain or Mahi. 
The talk is always to take responsibility as individuals. That is the reason we have bounced back from tough situations because we have always kept the team's goals in our head before doing anything. And, that's why you see special performances from guys who haven't played so many games.
"The urge to win games for the team pushes them to limits which they don't otherwise realise about themselves. The eventual goal has not been personal performances but to win games for Team India."
With the long series against England finally coming to an end, Kohli was pleased with the series results in all the three formats. "We got the results we wanted. Obviously, winning all three series (4-0 in Tests, 2-1 each in ODIs and T20s) feels really, really good because we were up against a top quality side.
"We understand that and to come on top after the end of all three series is a great feeling altogether, knowing that we didn't have that much experience in our teams. 
The Test team is almost as good as new. Even in the one-day circuit, we have three or four experienced guys but rest who stepped up are all youngsters. Which is I think is a massive, massive boost for Indian cricket."

'American Urological Association'

As with many aspects of our health, the risk of prostate disease, including prostate enlargement and prostate cancer, rises with age, obesity and family history. Maintaining a healthy diet, not smoking, exercising regularly and managing stress all contribute to your overall wellness as well as the health of your prostate.
Your primary care provider can provide information regarding prostate health and disease. He or she also can discuss the benefits and risks of routine screening, or refer you to a urologist, a doctor who specializes in diseases of the urinary tract and the male reproductive system.
Alternative care providers such as herbalists, naturopaths, acupuncturists and homeopaths may suggest remedies to enhance the health of your prostate, but be aware that there are few scientific studies that support the efficacy of these approaches.
Here are some online resources for learning more about prostate health and prostate disease.
— American Urological Association: Largely a resource for medical professionals, the AUA also maintains the patient-oriented Urology Health site. Check it out for the latest research, screening recommendations, treatment options and more.
— American Cancer Society: This go-to site for the most current information on all kinds of cancer includes a large section on preventing, detecting and treating prostate cancer.

'Nokia P1 is set to be the Company’s most Powerful Device to Date'

Nokia phone fans could be getting their first look at the company’s new smartphones earlier than thought after information on more handsets were leaked online.
Official certification for two new Nokia devices has been revealed from Russia, signalling that the company is set to expand its European phone family sooner than thought.

The documents concern two new devices, listed as the TA-1008 and TA-1030, both of which passed Russian tests.
This information, revealed by Russian siteMobiltelefon.ru, is in line with past Nokia releases, as the previous Nokia 6 handset was passed through certification as the TA-1003. 
There’s little other information hidden in the document, other than that the category of the certification means both new devices are classed as feature phones.
Nokia’s global partner HMD Global is also listed as the vendor for the new products, which would appear to confirm that the devices are legitimate.
We’ll have to wait until Mobile World Congress at the end of the month to get confirmed details on exactly what Nokia has in store, but the company could be planning something spectacular to announce its return to the big time.
Alongside an entry-level Nokia Heart smartphone, the company is apparently set to launch its most powerful smartphone to date.
The Nokia P1 will reportedly sport an all-metal body that is curved at the corners, similar to many leading Android devices around today.
Below this is a physical home button with an embedded fingerprint sensor for speedy locking and unlocking, and will run Android 7.0 Nougat out of the box, making it the first Nokia device to do so.
As for cameras, the device will sport a Carl Zeiss-made 22.6MP rear camera, which would be one of the most powerful lenses around today.
Inside, the Nokia P1 is set to be the company’s most powerful device to date, sporting a Snapdragon 835 processor, 6GB of RAM and 256GB storage - all powered by a huge 3,500mAh battery.
According to the specification notes the as-yet-unnamed device sports a 18.4in touchscreen with a 2560x1440 UHD display. Inside, there’s a majorly powerful oct-core Qualcomm Snapdragon 835 chipset, 4GB of RAM and 64GB of storage.
Interestingly, the device reportedly runs a tweaked version of Android 7.0 Nougat, with the spec sheet noting a ‘Android FIH Edition’.
There’s also a 12MP rear camera that is able to capture UltraHD 4K video, and comes with autofocus and touch focus features, twinned with a 12MP front lens with the same capability.
The device also comes with Bluetooth, GPS, NFC and Wi-Fi LTE connectivity - so now we just need to wait and see when it will be revealed.