Both the International Monetary Fund and the European Central Bank President
have flagged growth concerns going forward. There is a significant surge in
volatilities across asset classes like gold, crude oil, equities, etc. Further,
major equity indices of the world are dangerously trading at crucial technical
levels. This is causing investors and traders to go long on government bonds
and short on equities.
Locally, the manufacturing output data released post market hours on Friday
remained subdued at 0.4% in August. Markets will react to this data on Monday.
Barring Infosys results on Friday, nothing has been positive for the Indian markets
in the week goneby. Now, it is only the earnings season and the results of the
upcoming assembly elections that may save Indian markets from the fate of the
rest of the world.
have flagged growth concerns going forward. There is a significant surge in
volatilities across asset classes like gold, crude oil, equities, etc. Further,
major equity indices of the world are dangerously trading at crucial technical
levels. This is causing investors and traders to go long on government bonds
and short on equities.
Locally, the manufacturing output data released post market hours on Friday
remained subdued at 0.4% in August. Markets will react to this data on Monday.
Barring Infosys results on Friday, nothing has been positive for the Indian markets
in the week goneby. Now, it is only the earnings season and the results of the
upcoming assembly elections that may save Indian markets from the fate of the
rest of the world.
• Oil prices fall on rising U.S. crude stocks, OPEC output concerns.
ReplyDelete• SHFE Copper to End with Losses.
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