In an interview to CNBC-TV18, Michael Michaelides of RBS says that the uncertainty over whether the Eurozone will provide another bailout tranche or not is keeping the market on its edge.
Michael Michaelides of RBS explains to CNBC-TV18 that the increased likelihood of Spain asking for ECB aid, Greece being allowed the next tranche of aid and the US polls will occur simultaneously by the first week of November.
Michael Michaelides, European Economist, RBS, says that the market is expecting a QE and extension of lower rates from the Fed.