During trade tussles, most of the stock exchanges are impacted, both directly and indirectly, thereby influencing the exchange rates of the countries. This article gives a comprehensive insight into the effects of exchange rate on the USA, China, and Indian stock market, that is, the Dow Jones industrial average index (DJI), Shanghai Stock Exchange (SSE) composite index, and Nifty50 index during trade conflicts. Trade conflicts here talk about the recent trade war between the USA and China, which was invariably fallen in line with the outbreak of COVID-19. Sample of this study comprises the daily closing price from different indices and exchange rate values US dollar, yuan, and rupee. This article uses ordinary least square (OLS) model and generalized autoregressive conditional heteroskedasticity (GARCH) model to analyze the volatility and influence of exchange rate over the stock market. Results from OLS model indicated that the fluctuations in exchange rate have minimum impact on the daily closing price of stock indices, that is, DJI, SSE, and Nifty50 in the USA, China, and India, respectively, however, exchange rate impacts volume of shares traded in all three stock exchanges. The GARCH model implies that the conditional variance is less volatile for Nifty volume, but highly volatile for SSE and DJI stock volumes traded. The findings of the study provide insights to the domestic and foreign investors regarding their investment in the stock market during trade conflicts and mostly during COVID-19 situation.
Goats provide an essential food supply in the form of milk and meat. Goat milk has distinct qualities, but it shares many similarities with human and bovine milk regarding its nutritional and therapeutic benefits. Because of their different compositions, goat and cow milk products could have different tastes, nutrients, and medicinal effects. Modification in composition aid of goat milk determining the viability of goat milk processing methods. Comparatively, goat's milk has higher calcium, magnesium, and phosphorus levels than cow's or human milk but lower vitamin D, B12, and folate levels. Goat milk is safe and healthy for infants, the old, and healing ailments. Capric, caprylic, and capric acid are three fatty acids that have shown promise as potential treatments for various medical issues. Considering the benefits and drawbacks of goat milk over cow milk is essential; goat milk is more digestible, has unique alkalinity, has a better buffering capacity, and has certain medicinal benefits. Acidifying goat milk shrinks fat globules and makes protein friable (with less αs1-casein and more αs2-casein). Goat milk treats malabsorption illnesses because it has more short- and medium-chain triglycerides that give developing children energy. In wealthy countries, goat milk and its products—yoghurt, cheeses, and powdered goods—are popular with connoisseurs and persons with allergies and gastrointestinal issues who need alternative dairy products. A food product category containing fermented goat milk with live probiotic microbes appears promising nutritionally and medicinally. This article presents anecdotal evidence of the therapeutic effects of consuming goat milk for human health and its nutritional value.
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