If somehow you missed the coronavirus slamming the global economy like a wrecking ball, current market levels certainly do not reveal the wild swings that unprecedented events unleashed.
The Chinese markets stand out from the rest
The new Long rocket series comprises a cluster of solid fuelled rockets codenamed the Smart Dragon (SD) family, and a Tenglong liquid-propellant rocket were unveiled on Sunday by the China Rocket, a commercial space wing of the country's leading rocket-maker China Academy of Launch Vehicle Technology, official media reported on Monday.
Roubini has said it is “a scary time for the global economy” even though the sentiment in stock markets does not reflect it.
It is time to bring the global trends to domestic market and make Indian manufacturing an exporting sector as it is an essential growth enabler, he said.
Here's a roundup of key updates in the commodities market.
Front-month Brent crude oil futures were at $77.05 a barrel at 0428 GMT, down 29 cents, or 0.4 percent, from their last close.
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
The stock market in India currently opens at 9 am and closes at 3.30 pm, but there is a view -- including among stock exchanges -- that the trade hours could be extended till up to 7.30 pm to better align domestic trading with global markets.
A look at top cues from domestic and international markets, which could have a bearing on the Dalal Street on Monday.
US West Texas Intermediate crude (WTI) edged down 3 cents to USD48.37 a barrel by 0026 GMT. The contract ended down 9 cents in the previous session after touching USD47.90, the lowest since the end of November.
The bank's capital ratio, a key measure of financial strength, rose to 12.4 percent against analysts' expectations it would only reach 11.8 percent.
Jim Walker of Asianomics is worried about the rising consumer prices and how they may affect the market. As consumer prices pick up, the policy makers, he said, will be forced to tighten policy while economic growth rises.
Total demand for gold -- whose twin drivers are jewellery and investment buying -- advanced 2 per cent to 4,309 tonnes compared with 2015, London-based industry body WGC said in a report.
In an interview with CNBC-TV18, Geoffrey Dennis said that the Nifty was fairly valued at about 16.5 times next year earnings but added that if the demonetisation-induced slowdown eases and India goes back to 8 percent growth next year, the market looks "interesting" to foreign investors.
The supply crunch has driven up prices in India to levels higher than in the global market and could force buyers to switch to other producers like the United States, Brazil and African countries. It could also curb India's total exports in the 2016/17 year marketing year that started on October 1.
A favourable policy regime and robust business environment have made India a preferred destination for global money managers, says Swati Kulkarni, Executive Vice President and Fund Manager at UTI Mutual Fund in an interview to Moneycontrol.
In an interview with CNBC-TV18, Jans Lambregts said that the US Presidential election poses a lot of uncertainty and as seen with Brexit, the market is not discounting anything at the moment.
A top government official who is also a part of the delegation said India is "actively seeking" more FDI in areas like engineering and high technology, including defence, from countries in the Central and Eastern Europe, especially the Czech Republic.
Lower demand from the two countries, which account for more than half of the global market, could limit a rally in global prices which are trading near a two-year high.
Global sugar refining margins have fallen after the latest ICE raw sugar rally, driven by a shift of the global market into deficit. Margins could recover, however, as Indian low quality white sugar exports from mills would halt after the planned imposition of the tax, traders said.
Noting that innovation is the antidote to stagnation, the President said with rapid changes occurring in science, education and research, only those countries having a technological edge will emerge successful in the fiercely competitive global market.
The country had exported 6.7 million bales (of 150 kg each) in the 2014-15 marketing year (October-September). Major export destinations include Bangladesh, Pakistan and Vietnam.
HSBC, Europe's biggest bank, reported on Tuesday a pretax profit of USD 6.1 billion for the first three months of this year, down from USD 7.1 billion a year ago, but above the average forecast of USD 4.3 billion from analysts polled by the company.
In futures trading, silver for delivery in May was up by Rs 598, or 0.14 percent, at Rs 41,625 per kg at the Multi Commodity Exchange, in a business turnover of 58 lots.