Developed market equities will likely outperform Asian and emerging market equities. Crude prices remain the reason behind the underperformance of the Asian markets, said Ajay Kapur, managing director and head of Asian equity, at Deutsche Bank. "Crude will play a key role in deciding equity performance of Asian equities," he said.
Asian growth is sensitive to high oil prices as the Asian region is a net importer of oil.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
