Cyprus Bailout

Emkay Commodity Research has come out with its report on "Overview of Global Economy and its effect on Gold & Silver". According to the research firm, gold continues to remain bearish after attaining extended targets in the quarterly reports as uncertainty in the Euro zone eases and the US economy shows signs of improvement.

Cyprus shows banks can be wound down: ECB's Weidmann

The Cyprus bailout shows banks can be wound down despite difficulties, European Central Bank (ECB) policymaker Jens Weidmann said in an interview broadcast on Sunday, adding the situation on the island had stabilized.

Uptrend in market to resume once Cyprus row settles: Expert

John Bollinger, President, Bollinger Capital Management feels the market still has momentum. In an interview to CNBC-TV18, Bollinger says, market went into consolidation during the Cyprus issue, which is a positive result for such a bad news.

Expect European market, euro to head lower: NAB

“There is a good chance that we head lower both in terms of the European currency and indeed for European markets,” says Nick Parsons of National Australia Bank in an interview to CNBC-TV18.

Cypriot lesson: Gold is like a Swiss account for you and me

Thus far this year, gold has lost 5 percent of its value in rupee terms. Prices of 22-carat gold in Mumbai are quoting around Rs 27,000 per 10 gm (around Rs 29,500 for 24-carat), and could fall further.

5500 likely bottom for Nifty; hold ICICI Bk: Prabhudas

Sandip Sabharwal of Prabhudas Lilladher expects Nifty target of 5500 to be a bottom for the markets. In an interview to CNBC-TV18, Sabharwal says that the next trigger for the market will depend on the steps taken by the government after the Parliament session as the projects worth Rs 8 lakh crore are stuck due to various issues.

Asia will continue to underperform developed peers: Citi

After falling for almost a week, the global markets started reacting positively on Monday due to the Cyprus bailout issue. John Woods, MD & chief investment strategist, APAC, Citi Private Bank expects the US market to continue rallying higher in near-term.

Barclays bullish on equities, eyes correction in May-April

Jordan Kotick of Barclays is bullish on equities. "We are looking for a correction in equities in May and April. In most of the countries, it will be a buying opportunity, we just have to be prepared. We are coming up to a corrective seasonal period," says Kotick in an interview to CNBC-TV18.

Poor economic data bigger market worry than Cyprus: UBS

Stephane Deo of UBS Investment Bank feels that the economic data is the main reason for markets getting spooked on Thursday.

See gold at $1600/oz, Brent crude at $110/bbl: UBS

Tom Price, UBS Equities Research believes gold will remain stable around USD 1600 per ounce or a little bit lower.

Cyprus exit from Eurozone looks unlikely: NAB

Nick Parsons Of National Australia Bank believes that Cyprus exit from Euro Zone is very unlikely and difficult preposition from political perspective.

Mecklai graph of the day: Asian currencies: Bear or Bull?

Mecklai graph of the day: At the beginning of last fiscal year, the rupee depreciated on the heels of worst current account deficit in a quarter on record for India and anaemic growth numbers.