US economy strengthening in 2017 will have a negative impact on emerging markets (EMs), said Mixo Das of Nomura. However, in the near-term, EMs are likely to underperform the developed markets.
The market analysts will closely watch Janet Yellen‘s commentary on inflation and gross domestic product closely, said Ian Hui, Global Market strategist at JP Morgan Asset Management.
Italian Referendum on the upcoming weekend would not have an impact on global markets as Brexit or US elections had is the word coming in from Ian Hui, Global Market Strategist, JP Morgan Asset Management.
Speaking to CNBC-TV18 Ian Hui, JPMorgan asset Management said that it is too early to call on US elections. “Keep an eye on Florida, North Carolina and Pennsylvania,†he said.
FIIs are pulling out despite a good earnings season and optimistic macro numbers. Falling short of 9,000, Nifty say around USD 0.5 billion worth of selling by FIIS. Ian Hui says there is no concrete reason for a sell-off from Indian markets.
Ian Hui, Global Market Strategist, JPMorgan Asset Management talking about the impact of US Presidential pre-elections debate on global market, said if Hillary Clinton comes into power then markets may take it more favourably than if Donald Trump comes into power.
Ian Hui of JP Morgan says that the government‘s fiscal policy along with monetary policy will have to contribute together to tackle weakness in Japan's market.
The market is still pricing in a 30 percent possibility of a hike in September. So, the house does not entirely rule out a September rate hike by Fed, said Ian Hui, JP Morgan AMC.
In an interview with CNBC-TV18, Ian Hui says that the payroll number due this Friday will be closely monitored, and should the Fed hike rates unexpectedly, it would strengthen the US dollar, and be bad news for the market.
In an interview with CNBC-TV18, Ian Hui of JP Morgan Asset Management said that with this fiscal package there won't be any immediate effect on the Japanesee economy and the GDP growth.
Emerging markets, including India, have performed better than developed markets recently, and the rally may have more legs to go, says Ian Hui of JP Morgan Asset Management.
JP Morgan AMC's Ian Hui also says that the major corrections seen in the Asian markets today, are mainly lead by fears of Britain leaving Eurozone.
The US Fed meeting has been called to review and determine advance and discount rates under "expedited procedures" by the Board of Governors, says Ian Hui, Global Market Strategist, JP Morgan Asset Management.
The catalyst for outperformance of Indian market depends on earnings and positive news on the reforms front, says Ian Hui, Global Market Strategist, JP Morgan Asset Management.
Supportive measures from central banks, dovish reaction from the Fed meet and weakening USD have calmed worries in EMs, says Ian Hui, Global Market Strategist at JPMorgan Asset Management. There could be profit-booking in the aftermath of the attacks, he says.
Ian Hui of JP Morgan AMC prefers developed markets over emerging markets. While Russia and Turkey look attractive in the emerging markets (EMs) space, India has moved lower in our favored EMs due to policy deadlock,
Ian Hui, Global Market Strategist of JP Morgan Asset Management says the Fed will closely monitor the US economy trend and will look for market stability.
Ian Hui, Global Market Strategist, JPMorgan Asset Management expects further downside in Indian market if earnings continue to disappoint.
The underperformance for the Indian market will continue on back of policy (GST) concerns and uptick in inflation, says Ian Hui, Global Market Strategist at JP Morgan Asset Management.
Ian Hui, global market strategist at JP Morgan Asset Management expects volatility for emerging markets post Fed rate hike.
Ian Hui, global market strategist at JPMorgan Asset Management says the attitude of global funds towards emerging markets will continue to remain cautious considering China, strong dollar are still worrisome
The US Fed kept rates unchanged on Wednesday while explicitly saying it intends to move off its zero rate policy. Speaking about the sudden overt reference to rate revision in December, Ian Hui, Global Market Strategist at JPMorgan Asset Management said he assigns a 45 percent chance of a rate hike in December.
Ian Hui Global Market Strategist JP Morgan Asset Management does not expect any major policy decisions from most of the Central Banks across the globe.
The government has disappointed somewhat with their various measures for ease of business, infrastructure investments, various policy measures, but they are still progressing fairly and so we are still positive overall, says JP Morgan Asset Management's Ian Hui
Ian Hui, Global Market Strategist at JP Morgan Asset Management is worried about the China slowdown weighing on emerging markets but does not think India would be impacted that badly because the country does not have too many trade links with China.