economic data

Indian stock Market hits 20K, rupee below 64

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Sensex hits 20K, rupee below 64: Five reasons for the euphoria – The Economic Times:

Indian Stock Market Dazzle after a rapidly shrinking Rupee

The S&P BSE Sensex rallied over 700 points in trade on Tuesday to touch its key psychological level of 20,000. Tracking the momentum, the 50-share Nifty, which rallied for the fourth consecutive day in a row, surged over 200 points to hit its key psychological level of 5,900 in trade today. 

The rupee was at a two-week high following weakness in the dollar index. The partially convertible rupee was at 63.90 in late trade.

The 30-share index ended at 19,997.10, up 727.04 points or 3.77 per cent. It touched a high of 20,012.69 and a low of 19,444.66 in trade today. 

The Nifty closed at 5,896.75, up 216.35 points or 3.81 per cent. It touched a high of 5,904.85 and a low of 5,738.20 in trade today. 

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State Of FOREX reserves : Global Companies

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FOR the past decade or more, emerging economies have accumulated large stashes of foreign exchange. China’s hoard exceeds $3.2 trillion. But this rapid build-up was interrupted in September, when foreign investors fled emerging markets, because of their exposure to crises elsewhere. China’s foreign-exchange reserves fell by almost $61 billion that month, the biggest dollar drop on record. It has seen bigger percentage drops only twice in the past ten years, in May 2010 and December 2003. Other emerging economies had to choose between allowing their currencies to weaken or their reserves to fall. In Indonesia and Ukraine, reserves fell by over 8%. The biggest percentage drop was recorded by Estonia. It joined the euro at the start of the year, handing over reserves worth almost €146m to the European Central Bank. Other euro assets held by its central bank, Eesti Pank, ceased to count as foreign-currency reserves when the euro ceased to be a foreign currency. Its remaining non-euro reserves, which it keeps just in case, fell by 18% in September.

Global Commercial Trade : Country Comparison

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The United States,  Germany, the  United Kingdom,  China and Japan  represent a third  of world trade in  commercial services

Global Merchandise Trade : Country Comparison

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The top three  traders – the  United States, Germany and  China – represent  28% of world  merchandise trade according to WTO

Economic Data : 2011 Total Debt To GDP Indicators

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.Global Debt to GDP  Ratio : The  Country with Higest Debt to GDP as compared to  Countries with Lowest Debt to GDP Ratios

Advanced economies’ contribution to the world’s GDP (PPP) continues to decline. From 2010 to 2011, advanced economies’ share of the world’s total GDP fell from 52.3% to 51.3%. By 2013, emerging and developing economies will overtake advanced economies to become the largest contributor to the world’s GDP

.Global Debt to GDP  Rations
In economics, the debt-to-GDP ratio is one of the indicators of the health of an economy. It is the amount of national debt of a country as a percentage of its Gross Domestic Product (GDP). A low debt-to-GDP ratio indicates an economy that produces a large number of goods and services and probably profits that are high enough to pay back debts. Governments aim for low debt-to-GDP ratios and can stand-up to the risks involved by increasing debt as their economies have a higher GDP and profit margin. According to the CIA World Factbook, the 2010 public debt-to-GDP ratio in the US was 62.3% with a gross debt-to-GDP ratio of about 92.3%.  The level of public debt in Japan in 2010 was 225.8% of GDPThe level of public debt in Germany in the same year was 78.8% of GDP.