Asia experiencing less volatility than global peers: Nomura
Published on Mon, Aug 23, 2010 at 08:16 | Source : CNBC-TV18
Updated at Mon, Aug 23, 2010 at 08:17
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Asia experiencing less volatility than global peers: Nomura
Anaemic equity volumes suggest conviction levels remain low. Although macro data has not necessarily disappointed, earnings guidance has been mixed, says Sean Darby of Nomura.
Here is expert equity call for the day on how the markets are expected to trade:
Sean Darby, Nomura: Anaemic equity volumes suggest conviction levels remain low. Although macro data has not necessarily disappointed, earnings guidance has been mixed. Asia is experiencing less volatility than its global peers and is steadily accruing returns. Total returns are being helped by a weak dollar and on-going currency strength in Asia.