While stock markets are pricing in the event, there won't be a major fall in the equity markets as much as will be in the currency market, says Manish Singh, Chief Strategist & Head of Investments, Crossbridge Capital LLP.
The Brussels attacks will only have a sentimental impact on the global markets because the markets are currently more focused on central bank actions and flash PMI numbers from the eurozone, says Manish Singh, Chief Strategist & Head of Investments of Crossbridge Capital LLP.
The Indian government also needs to help the banking sector get back into shape – banking sector is the heart of any economy, says Manish Singh, Chief Strategist & Head of Investments, Crossbridge Capital LLP.
Manish Singh of Crossbridge Capital LLP also believes European market will continue faring well as euro remains weak.
Manish Singh of Crossbridge Capital LLP expects euro to appreciate to 1.10 level against the dollar indicating it will be a good buying opportunity going ahead.
Despite recent volatility, the market sentiment has improved since the start of the year, says Manish Singh, Strategist & Head-Investments, Crossbridge Capital LLP.
Manish Singh of Crossbridge Capital LLP believes soft energy prices are a big positive for emerging markets and one should buy into these markets with a 6-12 month perspective.