Lockdown again in Europe: softening of markets

-


(Gujarat News Correspondent) MUMBAI: Indian stock markets closed on the eve of Guru Nanak Jayanti on Friday. While the global market for corona is growing at an alarming rate and the number of corona cases has risen sharply after Austria's vaccination program, a complete lockdown has been announced in European countries. However, as the global NGO crisis continues to worsen, countries including the US and China have decided to cut off supplies from their strategic oil reserves to alleviate the NGO crisis. As a result, Asian markets saw modest gains today in anticipation of some relief.

Brent plummets to 4.5 as China decides to release stock from strategic crude

On the international front, global crude oil prices plunged by ૫૯ 1.6 to ૬૫ 1.6 a barrel and Nymex crude fell by ૩૬ 1.3 to ૬૫ 6.5 a barrel as China decided to cut stocks from strategic reserves in crude. Dow Jones futures fell 114 points in the afternoon today after the US stock markets softened yesterday amid fears of a recession in Asia, along with the United States and European countries. While the Nasdaq index was showing an improvement of 20 points.

European markets soften: Nikkei up 19 points in Asia, Hang Seng down 30 points

Concerns over the corona's transition in European markets today, including the decision to implement a nationwide lockdown in Austria and the imposition of compulsory vaccinations, and the growing number of cases of corona in Germany, including the UK and France. Stock markets softened on concerns that the downturn was re-emerging. In the afternoon, the London Stock Exchange futsil was down 19 points, France's Case 30 Index was down 19 points and Germany's Dex was down 10 points.

In Asian markets, the Nikkei 3 index of Japan's Tokyo Stock Exchange rose 19.61 points to 7.5, the Hang Seng of Hong Kong fell 2.7 points to 206.5 and the CSI 200 index of China rose 4.5 points to close at 30.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more