Robert Parker, vice chairman, Credit Suisse Asset Management, says that the outcome of the fiscal cliff had a positive impact on global markets. Many European markets traded very sharply. However, he feels that the debt-ceiling agreement is still critical.
In an interview with CNBC-TV18's Mitali Mukherjee, Aberdeen Asset Management Asia's strategist, Peter Elston pointed out the main reason that is keeping the global sentiments subdued.