The huge gains in equity markets seen worldwide because of the nonfarm payroll data, which was announced in the US a few days ago, won't necessarily last, said Geoff Lewis of Manulife Asset Management.
Are "taper worries" a 2013 issue and not the 2014 issue that we all expected?
Despite disappointing US job data, Mark Vitner believes the gains were fairly broad based, indicating that most areas are seeing some growth and therefore, the US economy is unlikely to see things slow anymore and may improve a bit going ahead.
HSBC's Dominic Bunning finds it difficult to be positive on the Indian currency in the near term. He believes if markets are a bit positive on general risk assets then rupee can look a little more attractive given its high yield.
A surge in hiring in the world's largest economy last month drove US stocks higher on Friday, with the Nasdaq hitting an 11-year high as optmism grew that the labor market is on a steady path to recovery.