Moneycontrol Be a Pro
Get App
Last Updated : Apr 04, 2019 07:59 AM IST | Source: CNBC-TV18

Global macro equity story playing out currently: Adrian Mowat

According to Mowat, there has been a profound change in central bank policies around the world.

CNBC TV18 @moneycontrolcom

Adrian Mowat, the EM equity strategist, spoke to CNBC-TV18 about the global markets and his expectations from the Reserve Bank of India's monetary policy review on April 4.

"There is a global macro equity story playing out currently," Mowat said.

According to Mowat, there has been a profound change in central bank policies around the world.

Close

"The RBI is far more dovish than it was even 3 months ago. We expect more dovish commentary from central banks across the globe," said Mowat.

Talking about the market, he said: "We are talking about the market reaching an all-time high. The last time the index was here was August last year. Most markets are yet to hit their all-time high. I think there is further upside in global equities. I see a reason why the S&P cannot put on another 10 percent in terms of performance; this is partly earnings but partly it’s a recovery of the derating that was experienced in 2018 and therefore, India will benefit from that."

Source: CNBC-TV18

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Apr 3, 2019 03:36 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant