ECB likely to announce European style QE: Credit Suisse

Robert Parker, Senior Advisor-Investment, Strategy & Research at Credit Suisse thinks there is a high probability of ECB in its meeting on Thursday announcing a programme of European style quantitative easing, where they may announce purchase of loans from bank balance sheets. According to him India has been one of the top performing equity market year-to-date. He expects foreign caital flows into India to continue if the rupee (INR) is stable.

The Reserve bank of India (RBI) has done a good job of eliminating currency volatility, says Parker.transcript to follow