Reports say that the nation is closer to the largest sovereign debt restructuring in history and the bailout may actually see Greece move ahead from concerns over a default. Check out what Adrian Mowat, chief Asian and emerging equity strategist at JPMorgan told CNBC-TV18 on it.
In an interview to CNBC-TV18, Nick Parsons of National Australia Bank says that if the rupee can get down below 51.20 which was the low on December 2, then this move could extend all the way down to 48 for the quarter.
It was only yesterday that we were looking at a positive week ahead, but global situations seem to cast a gloom over Indian market aspirations. Check out the cues.
With the much awaited G20 meet beginning in a few hours, Richard Harris of Quam Asset Management says that it will only be another brick in the wall.
Amid uncertainty about the fate of its over USD 1.16 trillion holdings in downgraded US treasury bills, China has evinced interest in buying Italian bonds to help Rome ease its debt crisis.
ECB President Jean-Claude Trichet pressed Italy on Saturday to deliver on its promises to get its strained public finances in order, saying it was essential to restore fragile market confidence.
Gerard Lyons, Global Head of Strategy & Economics at Standard Chartered joins CNBC-TV18 to explore the situation in Europe and the impact of it on other markets.
The European Central Bank faced a decision on Sunday whether to buy Italian bonds to try to prevent the euro zone debt crisis from widening, while global policymakers conferred on the twin financial crises in Europe and the United States.