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.
Mecklai graph of the day: The US 10-year yield approached an eight month high over the same-maturity German bunds on speculation the U.S. economy will grow faster than Europe‘s in 2013.
The euro fell broadly on Wednesday after comments by German Chancellor Angela Merkel reignited worries about the euro zone debt crisis and government bond prices rose over fears of slow economic growth.
Mecklai graph of the day - The ongoing global uncertainty and particularly the Euro zone crisis seems to have created a Global rush for safer assets and hence have helped the 10 year yields on US, German and Japan government bonds to uncharted lows.
The euro closed in on a three-month low and safe-haven German bonds rose on Wednesday as political disarray in Greece and the rising costs of fixing Spain's banks fueled fears the euro zone's debt crisis was worsening.
The euro hit a three-week high and global shares gained on Wednesday before a key policy statement by the US Federal Reserve, buoyed by some better-than-expected corporate earnings and signs of improved sentiment in the euro zone debt market.
Angel Commodities has come out with its report on international commodities. According to the research firm, Crude oil prices are expected to trade lower in the evening session on account of expected rise in US crude oil inventories, a stronger dollar index and mixed market sentiments.
Spain's debt yields broke above 6% on Monday as investors worried about its budget, knocking the euro and sending safe-haven German bonds to a record last set at the height of the euro zone crisis.
He is an expert on financial derivatives and risk management Known for: His book ‘Traders, Guns and Money’ was almost prescient in the way it foresaw the troubles of corporate India with derivatives in 2007.
Even with bond yields in Europe crossing the 7% level, Christopher Palmer of Henderson Global Investors says that most market participants are looking to invest in quality bonds.
Anti-austerity protests turned violent in Athens on Tuesday as the European Union warned Greek lawmakers the country faces immediate default unless they back an unpopular economic plan this week.
Trevor Williams, economist at Lloyds Bank joins CNBC-TV18 to discuss what is happening in the euro zone, specifically Greece. EU and IMF expectations of Greece are unrealistic, he says. Greece has not been able to meet their needs in the past year and has not been able to pay back.