“EIA weekly crude oil inventory data and European consumer confidence data are suggesting that risk appetite of global investors are on track and investors also sold dollars and returned to riskier assets,” Manoj Jain, Director (Head - Commodity & Currency Research) at Prithvi Finmart Pvt Ltd told Moneycontrol. … [Read more...] about Gold price today: Yellow metal slips on buoyant equities; support seen at 46,800
Oil price forecasts
In the recent time SBI came under heavy selling pressure after rating agencies expect deterioration in banks' asset quality due to disruption in economic activity from the coronavirus outbreak. Growing solvency stress among non-bank financial institutions would increase risks to banks' asset quality because banks have large exposures to the sector. As we said earlier Investors should focus on phase wise investing strategies rather than pumping in full assuming and fearing of missing the future rallies. … [Read more...] about ‘Volatility to stay as virus yet to go away; add these 18 stocks to lockdown portfolio’
Since most of the M&A has been done with a strategic mind than the business acumen or excellent commercial investment, they have perished over the period resulting in a limited success rate. According to statistics from McKinsey, in the past 20 years, the success rate of Chinese companies’ overseas M&A did not exceed 33 percent. However, this does not dampen the efforts of Chinese enterprises to snap up global brands hit by the downturn and are available at lower prices as forecasts indicate Chinese outbound M&A will continue apace. … [Read more...] about China’s M&A diplomacy: Endgame or endless game?