Leif Eskesen

China still has some ammunition to provide support to growth. The recent inflation reading from China remained quite subdued

CAD easing fine, but suggests soft domestic economy: HSBC

For the full year, Eskesen expects the CAD to remain below or closer to 2 percent.

Recovery in India needs to be investment-led: HSBC

Leif Eskesen, Chief Economist for India & Asean, HSBC Global Research says third quarter GDP growth is in line with expectation. On the demand side, weakness still resides when in comes to private consumption and investment. He says, Indian recovery has to be investment-led for it to be sustainable.

Interim Budget: 'FY15 revenue target challenging; see yields at 8.6-8.9%'

Leif Eskesen, Chief Economist -India & ASEAN at HSBC says even the government's own underlying assumptions for nominal gross domestic product (GDP) growth is quite low - around 11-12 percent, while the nominal tax revenue growth expectations are buoyant, which will make it difficult to achieve some of the revenue targets.

Expect FY14 GDP at 4.6%; trade deficit at USD 11 bn: HSBC

Leif Eskesen believes growth is likely to decelerate in the second half of the fiscal and the Q2 fiscal numbers for the financial services sector may also come in lower for the second half.

India's pvt sector output dips for 7 months in a row: HSBC

The HSBC India Composite Output Index, which maps both services and manufacturing, stood at 49.6 in January, below the crucial 50 mark, for the seventh consecutive month.

See contraction in Nov IIP; RBI to focus on inflation: HSBC

According to Leif Eskesen of HSBC RBI should tighten monetary policy into this year because inflation is too high and there is a need for a more decisive monetary policy response, if inflation has to be controlled.

Improving global conditions to boost Indian growth: HSBC

Leif Eskesen, Chief Economist, India & ASEAN, HSBC Global Research, spoke with CNBC-TV18, to discuss the results of the HSBC Purchasing Managers' Index.

Mkt will react to no hike or aggressive hike scenario: HSBC

According to Leif Eskesen, market has already factored in the 25 bps repo rate hike and would be surprised if RBI either does not take any action or tightens the monetary policy aggressively.

Oct IIP may contract 1% y-o-y; see rate hike: HSBC Global

Leif Eskesen, HSBC Global Research says both WPI and CPI will be broadly in line with the previous months - above 10 percent for CPI, still above 7 percent for WPI

India's CAD likely to widen in second half of FY14: HSBC

According to the global brokerage firm, the deficit is likely to widen again as imports get a lift from seasonal demand and a gradual recovery in domestic demand.

Tapering is 'watershed moment' for Southeast Asia: HSBC

The growth story in Southeast Asia appears "less shiny and glossy in bright daylight" since talk of Fed tapering began, said Leif Eskesen, HSBC`s chief economist for Asean, or the Association of South East Asian Nations, in a note.

US data, tapering fears causing money mkt woes here: HSBC

Gross domestic product (GDP) numbers that came out yesterday from the US were a bit stronger than expected although if you look at the details of the US data it was not that strong. But markets took the cue that maybe the Fed will start tapering a bit sooner than expected.

Could QE spur deflation, not inflation?

While data on Thursday showed euro zone inflation fell to a four-year low of 0.7 percent on year in October, it may not offer much support for the view QE is damping inflation.

Factory activity shrinks for third straight month: Poll

Another grim Purchasing Managers' Index (PMI) suggests the slowdown in Asia's third-largest economy is becoming entrenched despite some mark up in overseas demand which prompted firms to hire more workers.

RBI must continue its hawkish monetary stance: HSBC

HSBC's Leif Eskesen believes the Reserve Bank of India may raise interest rates further to deal inflationary pressures. The apex bank on Tuesday raised the repo rate by 25 bps to 7.75 percent and reduced the MSF by 25 bps to 8.75 percent.

Poor PMI due to macro uncertainty; but CAD to narrow: HSBC

In an interview to CNBC-TV18, Leif Eskesen, HSBC Global Research says that the poor PMI data was on the back of high macro uncertainty. However, he expects the CAD to narrow going forward.

RBI may cut MSF by another 75bps in next 3 months: HSBC

Leif Eskesen of HSBC Global Research believes the central bank did a balancing act by slightly rolling back the liquidity tightening measures and giving an indication that they can be turned either way if required to balance the currency.

Expect Q1 GDP at 4.8%, Agri may see some spark: HSBC

The chief economist (India & Asean) at HSBC, Lei Eskesen, sees agriculture sector reaping benefits of good harvest after an impressive monsoon. But the chief economist of HSBC suggested that most other sectors will disappoint in Q1.

Rupee may end FY14 at 61.5/USD, GDP growth to be hurt: HSBC

According to Leif Eskesen of HSBC, the Indian rupee may be looking at 61.5 against the dollar by the end of this fiscal year. It can further go down to 63 by the end of FY15, thus indicating a gradual depreciation of the currency.

Maintain India's FY14 GDP growth target at 5.5%: HSBC

Leif Eskesen maintains his FY14 GDP growth target for India at 5.5 percent, but cautions that if there is no recovery in manufacturing and service sector then this estimate may fall further.

RBI measures here to stay; rate cut likely after Sept: HSBC

There is not much room for the RBI to ease policies in the near-term. If some of the pressures on the currency were to dissipate and if inflationary pressures ease a bit, then there might be a rate cut in September or October.

See India's GDP for current quarter at 4.8%: HSBC

The growth conditions in India continue to remain weak. Leif Eskesen of HSBC Global Research sees India‘ GDP at 4.8 percent in the current quarter. He added that it will take some more time for the India economy to start recovering.

HSBC says 8% GDP growth will take 3 yrs, cuts FY14 forecast

Leif Eskesen of HSBC believes lack of implementation of reforms and lingering global weakness led to a cut in the growth forecast to 5.5 percent for FY14

Here's how HSBC sees Indian economy growing ahead

Leif Eskesen, Chief Economist - India & ASEAN for HSBC spoke to CNBC-TV18's Udayan Mukherjee about his views on the IIP number.