Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMarketsExpect Fed to up rates in Dec, overweight on India: Goldman

    Expect Fed to up rates in Dec, overweight on India: Goldman

    According to Timothy Moe, Goldman Sachs, history suggests Asian markets tend to rally into Fed hikes & fade after, but the limited data points reduce the reliability of the conclusion.

    July 24, 2015 / 11:20 IST

    Timothy Moe, Goldman Sachs said the brokerage expects the Fed to raise interest rates in December."The market is split between September & December, and the actual timing will be data dependent, but the US tightening cycle will certainly be a focus in H2FY16," he added.

    According to him, history suggests Asian markets tend to rally into Fed hikes & fade after, but the limited data points reduce the reliability of the conclusion.

    The brokerage stays overweight on China, India, Korea & Taiwan, Moe said.

    first published: Jul 24, 2015 07:19 am

    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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347