Oil prices saw a slight dip today after a significant rise yesterday. Investors are watching developments between the United States and Iran. Both nations have increased military presence in a key oil region. Talks are ongoing, but progress remains slow. U.S. oil inventories fell last week, contrary to expectations. Official inventory data is expected today.
LGT Group sees India as a key growth market. Prince Max von und zu Liechtenstein highlights India's potential to become a very meaningful part of their global business. While regulatory hurdles exist, LGT is optimistic about its expansion. The firm focuses on long-term client relationships and disciplined diversification across global markets.
Indian metal stocks are performing strongly. Prices for steel and non-ferrous metals have risen significantly. This is due to increased demand, government policies, and limited supply. Steel companies are seeing better earnings. Non-ferrous producers also benefit from global price trends and a weaker rupee. The current quarter is typically strong for metal volumes.
