External broker reports(aggregated public sources), Nordea

Nordea

External broker reports(aggregated public sources)

Nordea is the bank in the Nordics dedicated to serving corporations and institutional customers. Our offering includes a diverse range of financing, cash management and payment services, investment banking, capital markets products, securities services and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Macroeconomics

<ul>
<li>In July, we observe a significant decrease in overall risk levels.</li>
<li>Currently, there are no currencies labeled as high risk, and 27 currencies are labeled as low risk.</li>
<li>Regarding the Russian ruble, it remains in the green territory.</li>
</ul>
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.


In July, we observe a significant decrease in overall risk levels.
Currently, there are no currencies labeled as high risk, and 27 currencies are labeled as low risk.
Regarding the Russian ruble, it remains in the green territory.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Cross Asset Strategy

<ul><li>Covid-19 Update: Caseload continued to decline in Mar’22 – After the accelerated rise witnessed in mid-Jan’22, Covid-19 cases in India declined throughout Mar’22</li><li>High-frequency indicators: Marginal moderation in lead indicators – Google Mobility Data has displayed a revival towards pre-pandemic levels, with Covid-19 concerns receding</li><li>Equities: Sector rotation is the key, Earnings Commentary Critical! – Mar’22 proved to be an eventful month with the rise in volatility, led by the prevailing geopolitical crisis as well as the US FED meeting and election results</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Covid-19 Update: Caseload continued to decline in Mar’22 – After the accelerated rise witnessed in mid-Jan’22, Covid-19 cases in India declined throughout Mar’22High-frequency indicators: Marginal moderation in lead indicators – Google Mobility Data has displayed a revival towards pre-pandemic levels, with Covid-19 concerns recedingEquities: Sector rotation is the key, Earnings Commentary Critical! – Mar’22 proved to be an eventful month with the rise in volatility, led by the prevailing geopolitical crisis as well as the US FED meeting and election resultsContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Multi-Asset Strategy: Focus on Asset Allocation to Maximize Returns in FY23

External broker reports(aggregated public sources), Nirmal Bang

Nirmal Bang

A Relationship Beyond Broking

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

<ul>
<li>Economy Update 3QFY22 Balance of Payments/1HFY23 borrowing CAD at 2.7% of GDP in 3QFY22; 1HFY23 borrowing at 59% of budget The current account deficit (CAD) stood at US$23.2bn (2.7% of GDP) in 3QFY22, marginally lower than our estimate of US$23.9bn (3.2% of GDP).</li>
<li>The CAD widened from 1.3% of GDP in 2QFY22 on the back of a higher trade deficit.</li>
<li>The better-than-expected performance against our estimate in 3QFY22 was led by higher remittances (9.7% YoY) and services exports (17.8% YoY).</li>
</ul>
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.


Economy Update 3QFY22 Balance of Payments/1HFY23 borrowing CAD at 2.7% of GDP in 3QFY22; 1HFY23 borrowing at 59% of budget The current account deficit (CAD) stood at US$23.2bn (2.7% of GDP) in 3QFY22, marginally lower than our estimate of US$23.9bn (3.2% of GDP).
The CAD widened from 1.3% of GDP in 2QFY22 on the back of a higher trade deficit.
The better-than-expected performance against our estimate in 3QFY22 was led by higher remittances (9.7% YoY) and services exports (17.8% YoY).

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

3QFY22 Balance of Payments-1HFY23 Borrowing- Economy Update- CAD at 2.7% of GDP in 3QFY22

India

The Indian rupee is the official currency of India. 

INR (USDINR CURNCY)

EM Traffic Light July 2023

In July, we observe a significant decrease in overall risk levels. Currently, there are no currencies labeled as high risk, and 27 currencies are...

Nordea

Axis Multi-Asset Strategy: Focus on Asset Allocation to Maximize Returns in FY23

Covid-19 Update: Caseload continued to decline in Mar’22 – After the accelerated rise witnessed in mid-Jan’22, Covid-19 cases in India declined...

Axis Direct

3QFY22 Balance of Payments-1HFY23 Borrowing- Economy Update- CAD at 2.7% of GDP in 3QFY22

Economy Update 3QFY22 Balance of Payments/1HFY23 borrowing CAD at 2.7% of GDP in 3QFY22; 1HFY23 borrowing at 59% of budget The current account...

Nirmal Bang