The rising global bond yields have spooked markets. In an interview to CNBC-TV18, Andre de Silva of HSBC, discusses its impact on the markets going ahead.
Over the course of remaining month and September, market will see some reduction of around 110 billion in Treasury Bills and Rs 100 billion in government bonds, says Silva
In an interview to CNBC-TV18‘s Latha Venktatesh and Sonia Shenoy, Andre de Silva, CFA, Head of Rates Research, Asia-Pacific, HSBC says that the weakness in emerging market currencies is likely to continue this week as well.
RBI's next policy meeting will be the key for rupee movement. But as of now, Andre De Silva, HSBC expects rupee to be stable or to consolidate for the time being.
In an interview to CNBC-TV18, Andre de Silva of HSBC spoke about the US treasury yield movements and its impact on the Indian market.
In an interview to CNBC-TV18, Andre De Silva, Managing Director, Head of Asia-Pacific Rates, Global Research, HSBC spoke about marginal standing facility (MSF) rate cut.
In an interview to CNBC-TV18, Silva adds that the weakness is likely to continue in the rupee until fundamental weakness in the economy is addressed.
Andre De Silva of HSBC explains on CNBC-TV18 that the Fed will continue with quantitative easing till the rate of unemployment falls, He expects the rupee to turn firmer with continued government initiatives to reduce the fuel subsidy, but is concerned that truant global oil prices could derail the strengthening in the rupee.