Speaking to CNBC-TV18 Tim Condon of ING Financial Markets said that the US non-farm payroll data might come in at about 170,000. He also added that anything less than the 180,000 will be considered negative by the market.
Tim Condon, ING Financial Markets said the poor China PMI number reinforces the fact that there is material slowdown, which could be threat to US growth and push the Fed rate hike further than September, resulting in flight from all risk assets.
Tim Condon, head of research-Asia, ING Financial Markets, is surprised by the calm shown by international markets post the 'no' vote in Greece' Referendum.
Tuesday is the deadline for Greece to pay 1.6 billion euros ($1.8 billion) to the International Monetary Fund.
April exports fell 6.4 percent while imports for China tumbled 16.2 percent from a year earlier, following a 12.7 percent drop in March that highlighted tepid domestic demand as the world's second-largest economy slows.
Even with that assessment, it`s not easy to assess the extent of debt levels, said Leland Miller, president of the China Beige Book (CBB), a survey on national, regional and sectoral economic conditions in the world`s second biggest economy.
Benign inflation data for September offered further evidence on Monday that China's pro-growth policies are gaining traction while leaving scope for further tweaks, giving officials breathing room as they approach a once-a-decade leadership transition.
Equities in the US and Asia fell in tandem after the US Federal Reserve failed to offer new monetary stimulus on Wednesday. While the outcome was largely expected, some observers say it`s not so much what the Fed could have done, but what it should have said.
Tim Condon of ING Financial Markets gives his take on how global markets will react ahead of the European Central Bank's policy meeting later today and Federal Reserve chairman Ben Bernanke's testimony before Congress on Thursday.
Tim Condon of ING Financial Markets says that global markets have been weak on the back of the lacklustre economic data coming out of developed markets like the US and the eurozone.
EM equities have the most room to grow considering they fell the most in 2011. We have to prepare for the oil price shock and India is the first one to get affected in oil prices especially considering the tensions in the Persian Gulf.
In an interview to CNBC-TV18, Tim Condon of ING Financial Markets analyses how global markets are faring in these uncertain times.
Tim Condon, Head of Research-Asia, ING Financial Markets talks to CNBC-TV18 about his expectations from the EU Summit in Brussels.
In an interview with CNBC-TV18, Tim Condon of ING Financial Markets talks about the global economic outlook on the back of negative news stemming from the eurozone and the US.
The global markets are in a wait and watch mode with the two big cues coming up – Federal Open Market Committee (FOMC) meeting and Greece outcome. In an interview to CNBC-TV18, head of research (Asia) at ING Financial Markets, Tim Condon talks about the implications of the upcoming events on the global markets.
Given the proximity to the end of QE2, and the fact that sentiment may unwind further, we suggest a cautious approach in the near-term.
Tim Condon, Head of Research (Asia) at ING Financial Markets feels markets are reacting negatively to Fed chairman's speech on Tuesday
In an interview with CNBC-TV18, Tim Condon, Head of Research, Asia, ING Financial Markets says, the markets could see some further weakness from here.
Tim Condon, Head of Research – Asia at ING Financial Markets, spoke to CNBC-TV18's Mitali Mukherjee about what is keeping global markets subdued today.
The commodity space sold off yesterday evening while a fresh bout of selling is being seen even as European markets open for trade. Tim Condon of ING Financial Markets gives a market check to CNBC-TV18 and how he sees the situation across global screens.
In an interview with CNBC-TV18, Tim Condon, Head of Research, Asia, ING Financial Markets, speaks about what’s leading to this bout of weakness across the Asia.
In an interview with CNBC-TV18, Tim Condon, Head of Research, Asia, ING Financial Markets gave his perspective on global markets.
Tim Condon, Head of Research, Asia, ING Financial Markets in an interview on CNBC-TV18 says China’s macro policy heavily tilts towards growth. He forecasts a10.2% growth for China this year, nearly a percentage point jump above consensus.
Stock markets are showing anxiety over the geo-political situation emanating out of West Asia. Tim Condon, Head of Research-Asia at ING Financial Markets told CNBC-TV18 that he expects the nervousness surrounding emerging markets to continue because of the negative newsflow coming out of Libya which is affecting crude supplies.
RBI has been slightly behind the curve in raising interest rates, feels Tim Condon of ING Financial Markets. Condon also expects emerging European markets to do well post their underperformance in 2010. He said, EMs will have a better second half if inflation is lower in H2.