Prevent Risks News Today

"I am bullish on both Indian equities and the Indian bond market. Pharmaceuticals and healthcare is a sector where we are incrementally turning bullish. Consumption, especially in the lower end has not picked up satisfactorily yet and stocks have underperformed due to this. If this picks up then there could be interesting plays in FMCG, auto (2-wheelers), etc."

"We have been talking about manufacturing pickup, particularly aided by export-led demand for some key sectors like mobiles, white goods, automobiles, and textiles. So, 2024 will determine the conclusive success of these schemes. We believe India has made a sufficient mark on the global platform, and 2024 should provide us with early signs of success on further pickup in the economic activities front."

If one goes by the amount of money which is chasing the IPO’s, it is clear there is enough desire to own Indian stocks. paper. There have been instances where the market peaks have been formed soon after the IPO frenzy. Will this happen this time also is still an open ended question. It would be better to be cautious and look at stocks where in the last one month, there has been an improvement in the underlying score. These selected stocks depict a strong upward trajectory in their overall...

Worse-than-expected European data provided the catalyst for EUR/USD to break beneath a long-term level of support. Elsewhere EUR/GBP rises despite encouraging UK data

Oil prices are slightly lower today, but early week strength may resume as dwindling spare capacity among OPEC members causes supply-side concerns.

The New Zealand Dollar is trading higher versus the US Dollar this morning despite weak PMI data out of Australia. The week ahead holds plenty of event risk, which may induce volatility.

Chinas central bank emphasizes supply chain finance development Xinhua 01 Jun 2021, 20:05 GMT+10 XIAN, June 1 (Xinhua) -- China will promote the standardized development of supply chain finance, effectively broaden the financing channels for micro, small and medium-sized enterprises and ensure more funds flow to the real economy, according to the central bank. Wang Xin, head of the research bureau at the Peoples Bank of China, said the country still faces some difficulties in developing supply...

Published 29 January 2021 Global circulating winds can carry bacteria, fungal spores, viruses and pollen over long distances and across national borders, but the United States is ill-prepared to confront future disease outbreaks or food-supply threats caused by airborne organisms. In the United States, research and monitoring of airborne organisms is split between an array of federal agencies. The lack of coordination and information-sharing can effectively cripple the U.S. response to national...