Expect growth in Asia to continue slowing: UBS

Here are experts equity calls for the day on how the markets are expected to trade: 

Niall Macleod, UBS: We expect growth in Asia to continue slowing and earnings forecasts to slip further. However, we also expect monetary policy headwinds in Asia to ease as inflation fades and think the earnings risk and risk of a recession is already priced in. China and India remain our two key overweights in the Asian region.

Willem Buiter, Citigroup: We expect global growth to slow down to 2.5% in 2012, with wide divergences. Our base case is that the crisis in Europe will escalate to new peaks, but a large policy response from the ECB and creditor governments will prevent a disintegration of the EU and a string of sovereign debt defaults. However, we see a 25-30% chance of one or more countries leaving the Union.