India’s Capex data for Q1-FY19 (quarter ended June 2018) indicates that the marginal improvement in the previous quarter was temporary, notes the research team at Standard Chartered. Key Quotes “Trends reversed to a slowdown in the capex recovery, as observed in the last four years.” “Total projects under implementation, new investment announcements, projects outstanding and project completions declined, erasing the gains in the March quarter.” “Private investment slipped into negative territory again in Q1-FY19, after briefly turning positive in the previous quarter. It has been negative in 9 of the previous 10 quarters.” “Capex data is likely to remain weak, picking up only in FY20 after the national and state elections scheduled for 2019. In addition, the twin balance-sheet issues and recapitalisation in the banking sector are underway and likely to be completed only by end-FY19 or early FY20.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoC: Hiking amid rising uncertainty – Nomura FX Street 3 years India's Capex data for Q1-FY19 (quarter ended June 2018) indicates that the marginal improvement in the previous quarter was temporary, notes the research team at Standard Chartered. Key Quotes "Trends reversed to a slowdown in the capex recovery, as observed in the last four years." "Total projects under implementation, new investment announcements, projects outstanding and project completions declined, erasing the gains in the March quarter." "Private investment slipped into negative territory again in Q1-FY19, after briefly turning positive in the previous quarter. It has been negative in 9 of the previous 10 quarters." "Capex data is likely to remain weak,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
