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Event Date |
Wed Jun 26 IST - Thu Jun 27 IST (over 5 years ago)
In your timezone (EST): Tue Jun 25 11:30pm - Thu Jun 27 3:30am |
Location |
Renaissance Convention Centre Hotel
#2 & 3B, Near Chinmayanand Ashram, Powai, Mumbai, Maharashtra 400087, India |
Region | APAC |
The Commodities & Equities Outlook 2019 (CEO) will provide unique opportunities for Business Networking among the constituents of Commodity and Equity Market – Producers, Consumers, Traders and Broking Houses, Investors, Exchanges and Share Market Stakeholders and who's who of the Commodity and Equity Ecosystem in addition to outlining the Dynamics of Global and Indian commodity and equity market. The Commodities & Equities Outlook 2019 has been designed with a specialized focus towards empowering the segment and economy at large, for better business growth. This one of a kind industry congregation will harness domain experts to examine the Indian as well as global market drivers and share their outlook for the year.
India Scenario
With looming predictions of an oversupply in the domestic farm market (resulting in low commodity prices), trade controls are expected to be in sync with food subsidies and inflation to be kept at bay. Oil prices also have a high impact which directly influences the rupee value. Low prices leads to low inflation, which in turn translates to low interest rates; thus conforming a favorable market ecosystem for India.
India as an economy is primarily influenced by domestic factors, and is cushioned from the ongoing trade war as well as its related consequences. Powerful themes such as Demonetization in 2017, introduction of Goods & Service Tax (GST) in 2018 and now the ongoing general elections have proved to pivotal role shaping up financial markets.
The Indian stock market which had almost gained 7 % in 2018, after a hysterical first week, is down by 1% this year. Trade analysts predict a restricted movement in the Indian stock market till before the elections but are optimistic it will steadily gain momentum towards the second half of the year.
Who Should Participate?
• Brokerage Firms
• Commodity Exchanges
• Warehousing
• Surveyor & Certification Agency
• Exporters & Importers
• Commodity Traders
• Financial Institutions, Finance Companies & Consultants
• Consultants
• Dealers, Distributors & Retailers
• Insurance Companies
• Manufactures & Producers Covering
• Executives of the Capital Markets and Financial Services Sector
• Banks, Investment Banks and Merchant Banks
• Stock exchanges, Depositories, Stock Brokers, Portfolio Managers
• Institutional Investors- Mutual Funds, Private Equity Firms & Venture Capitalists, Insurance & Pension Funds
• Investment Advisors
• CEOs, CFOs and Finance Managers
• Representatives of Government and Financial Sector Regulators
• Foreign Portfolio Investors (FIIs, QFIs)
• Domestic Retail Investors
• Legal Firms, Analysts
• Research firms, Educational Institutions & Economists
Market Outlook
The volatility of global markets has been a repercussion of the ongoing trade war between US and China, as well as the sluggisheconomic development across the world. Despite the pessimism and uncertainty, markets are expected to bounce back and outperform towards the second half of the year. Nonetheless, there will be an evident struggle for stability which is directly dependent on the upliftment of major economies such as US, China, Japan and EU.
Rising equity markets in 2018 lead to a 5 % decrease in international gold prices; however in India, due to the 10% currency depreciation of the Rupee, gold prices went up by around 8% and can be classified as an attractive asset class for 2019.Oil prices remained extremely volatile in the 2018 and could continue to do so in 2019. Volatility will be high in the short run; however, prices could stabilize at an average of $55-$65/barrel in 2019 for Brent crude and $45-$55/barrel in 2019 for NYMEX crude (Source: Business Standard).
As the US equity market represents a majority of the global equity market capitalization, the Indian equity market needs to continue tracking the ongoings within established economies. With the exception of India and a few others, all major markets have lost high grounds with losses accounting to billions in market capitalization. Among the Asian stock markets, Philippines was down by 14.4 %, Japan by 14.9% and China incurred the heaviest with a 25.5% fall.
2019 Sponsors
• CPAI
• The Solvent Extractors Association of India