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Normal Board - The Whole shebang
Prompt Board Next day settlement
Expert Board All you need re an Individual stock.

My Weekly Piece for The Star When a Man is right he wants to get all
that is coming to him for being right  #Tea
http://j.mp/8Zlf8Z

Closing Price Data from the NSE will be here
http://j.mp/2Cxjco

Mahmud Janmohamed's Presentation at Mindspeak
http://j.mp/3kIwjf

Macro Thoughts

Start Buying Gold.

Euro squeezed higher but I expect it to Fade.

On Deck Friday: The Only Economic Report That Matters Marketbeat
http://j.mp/aNBY9A

This time around Dow Jones Newswires says that economists are
expecting 110,000 private sector jobs. (Reuters’ survey puts it at
112,000). The headline number is expected to be negative 110,000
Friday because of the aforementioned Census worker layoffs. The
government numbers from state and local areas could be a factor too,
as localities grapple with their strapped budgets.

Home Thoughts

We are all set to make our way to Soccer City to cheer the Boys from Accra.

World Cup 2010: Forget Wayne Rooney – we are all Ghana fans now
Guardian 
http://j.mp/9u4f4I

William Quagrain, the owner of the Gold Coast bar in south London,
where Ghana fans mass. Photograph: Frank Baron for the Guardian
"We are winning the cup," declares Sarah Obuobi at the bar of The Gold
Coast club and restaurant in South Norwood. "I am announcing it here
and now: Ghana is winning the World Cup."

Obuobi may be jumping the gun. But certainly this south London suburb
is buzzing with excitement at the idea Ghana could become the first
African team to reach a World Cup semi-final.

Piped music from the publicity drive of China's Communist party
parallels Bryan Adams's hit Everything I Do, I Do it For You.

The pink begonias were bright in their planters; spray from the
fountains drifted through the haze. And from hidden speakers on the
leafy campus floated a piped music version of Bryan Adams' hit.

Though the power ballad might seem incongruous in the intellectual
home of China's Communist leadership, it was in sync with the party's
message to the people: Everything we do, we do it for you.

Conclusions

Getting a lot more c21st about their outreach. They have just launched
an English Language TV Station as well.

Website appears to be brainchild of fugitive US-born radical preacher
Anwar al-Awlaki.

Like many new publications it has a vivid mix: news, features,
celebrity opinion pieces and a smart digital-era commitment to
interactivity – keeping in close touch with the readers. But for the
casual browser of the internet, al-Qaida's new English-language online
magazine may prove a step or two beyond the pale.

Entitled Inspire, and designed for aspiring jihadis who cannot read
Arabic, it offers tips on bomb-making and encryption for beginners as
well as heavyweight Qur'anic commentary and crude propaganda.

Conclusions

The Long Tail that is the Internet has proven a rich Seam for the
likes of Al-Qaida. In many ways, they have proven themselves supremely
accomplished at using c21st Tools to recruit.

Euro 1.2520 Big Move
Pound 1.5189 Ditto
Yen 87.89
Higher Beta
Rand 7.6709
Aussie 0.8560

Conclusions

The dollar fell sharply against the euro and yen Thursday after
worse-than-expected economic data fueled concern the U.S. recovery was
slowing, leading investors to sell the greenback.The euro advanced
strongly against the dollar on the heels of a successful Spanish
government bond auction, which allayed some worry about the region's
banking system despite a ratings agency's warning a day earlier that
Spain could lose its coveted top-shelf credit rating. In a last-minute
burst of strength, the common currency broke above the psychologically
key $1.25 level, gaining more than 2.25% to reach its highest level in
five weeks.

Conclusions

Big Reversal - Short Covering I venture.

Stockmarkets had plenty to be downbeat about on Thursday: weak
industrial-production figures from China and the euro zone; a warning
by Moody’s that it may downgrade Spain’s sovereign debt; and an
unexpected rise in the number of American workers claiming
unemployment benefit.

The Dow industrials fell 41.49 points, or 0.4%, to 9732.53.

Crude-oil futures fell 3.5% in New York trading, gasoline futures
dropped below $2 a gallon and copper futures tumbled 2.5%, hurt by
U.S. reports on manufacturing, unemployment, home sales and
construction spending that added pressure to a market already skittish
over the prospect of a slowdown in growth in China.

Gold futures lost nearly $40 to close at their lowest point in more
than a month. Investors were selling gold—which has been performing
well amid the economic turmoil of recent weeks—to help cover increased
margin requirements as equities declined.

Conclusions

It was Margin Call Central and investors unloaded Gold in order to
make up Losses elsewhere.

Crude oil futures fell 3.5% Thursday, falling to three-week lows on
fears that the economic recovery was stalling, slashing expectations
for increased oil demand.Light, sweet crude for August delivery on the
New York Mercantile Exchange settled down $2.68 at $72.95 a barrel,
the lowest price since June 8. Prices, which dropped for a fourth
straight day, traded in a range of $75.40 to $72.05. The drop was the
biggest in a single-day decline since June 4

Cocoa +2.52%
Coffee +1.21%
Sugar +2.45%

Conclusions

Strong Performance in a Day when everything collapsed signalling a
great deal of underlying Strength.

Despite my best efforts, I haven’t been to every wine bar in the
world, so it may be that there are other contenders to the throne, but
Monvínic in Barcelona is certainly the best wine bar I’ve been to in
recent memory.  When the sommelier at El Bulli tells you you can’t
miss it, you would be foolish not to act on the advice.

Monvínic is located in the center of the city near the northern end of
the Ramblas, not far from the Plaza Catalunya. After some several
nights of Michelin-starred dining, I decided to spend my last night in
Spain there, and it was a great decision. In a city that prides itself
on architecture and design, the slick interior by Alfons Tost is worth
a visit in itself, the bathrooms being a high point. As you enter you
see a very extensive wine library behind glass panels; patrons are
welcome to browse, and many of the volumes are in English. But reading
will soon make you thirsty and it’s the wine list that’s the star
here.

Goldman Sachs Group Inc. cut its growth forecast for China this year
to 10.1 percent from 11.4 percent as government restrictions on
lending and real estate slow expansion in the world’s third-largest
economy.

Asian stocks fell after the report fanned concern the global recovery
is losing steam. The U.S. investment bank joins BNP Paribas, Macquarie
Securities Ltd. and China International Capital Corp. in reducing
estimates for expansion in the fastest-growing major economy.
Meanwhile, the government raised its 2009 growth estimate by 0.4
percentage point to 9.1 percent.A third of China economists may cut
their “overly bullish” forecasts for 2010 and 2011 in coming weeks
mainly due to the government’s property tightening measures, Bank of
America-Merrill Lynch economist Lu Ting said in a June 30 note to
clients. The slowdown will help avert overheating and ensure the
economy cools toward a “healthy soft landing,” Deutsche Bank economist
Ma Jun said yesterday.

“China’s growth has been slowing down sharply and the tightening
measures we saw in April on property have been quite aggressive,”
Isaac Meng, a Beijing-based economist at BNP Paribas, said in a phone
interview today. The government won’t “launch easing measures in the
short term as the major concerns, especially about the property
bubble, haven’t been fully addressed.”

Manufacturing in the nation, the world’s biggest maker of computers
and mobile phones, expanded at the slowest pace in 16 months, a survey
of purchasing managers showed yesterday

Index Value:    2,382.90
Change:    9.11 (0.38%)
Day's Range:    2,319.74 - 2,386.40
52wk Range:    2,319.74 - 3,478.01

Conclusions

Bounced hard from the Intra Day Lows.

The International Monetary Fund and the World Bank agreed to support
$12.3 billion in debt relief for the Democratic Republic of Congo,
erasing obligations almost the size of central African country’s
economy.

“This could be a turning point in DRC’s long-troubled history,” Marie
Francoise Marie-Nelly, the World Bank’s country director for Congo,
said today in an e-mailed statement.

Congo, which celebrated its 50th anniversary of independence from
Belgium two days ago, has been seeking to have its debt canceled under
the IMF and World Bank’s Heavily Indebted Poor Countries initiative.
Excluding future debt service obligations, the relief at present value
is $7.9 billion.

Conclusions

Positive.

Kenya’s economy slowed down to 4.4 per cent in the first quarter of
this year, compared to the 5.6 per cent registered in the same period
last year.

Conclusions

1st Quarter 2009 grew 5.6% versus 1st Quarter 2008. You might recall
that the Country was at a complete Standstill in 2008. So the 2010
versus 2009 versus 2008 comparison is in many ways a statistical
Conundrum.

On a seasonally adjusted basis, GDP expanded by 3.4 percent during the
quarter against the last quarter of 2009.

"This represents the highest quarter to quarter growth since the
fourth quarter of 2004," the Kenya National Bureau of Statistics
(KNBS) said in a statement.

"All industries except electricity supply recorded positive growth in
the first quarter 2010."

KNBS said agriculture, which accounts for nearly 25 percent of GDP in
east Africa's largest economy, expanded by 4.6 percent during the
period, after six straight quarters of negative growth.

Officials expect the country to expand by 4.5 percent this year,
higher than 2.6 percent in 2009, but still some way from its 2007 peak
of a 7.0 percent growth.

Conclusions

"This is the first shot across the bows and we might find ourselves
surfing on a rising tide of economic upgrades. I expect further
traction and for the country to come close to 5.0 percent GDP (growth)
this year," said Aly Khan Satchu, an independent analyst.

"As long as the politicians stay in their box and the referendum is
put to an honest Vote and without any shenanigans."

Voters decide on August 4 whether to adopt a proposed new
constitution, whose passage is viewed as an important requirement for
political stability.

The cut-off interest rate on Kenya's 91-day Treasury bill slid to
1.801 percent at Thursday's auction from 2.628 percent at the previous
sale, a much bigger drop than the market expected.The Central Bank of
Kenya said it received bids worth 9.242 billion Kenyan shillings ($113
million) for 4.0 billion shillings offered, a 231 percent subscription
rate. It accepted 4.618 billion shillings.

Conclusions

A Golden Flood of Cheap Liquidity apparently.