Patrick Legland believes investors might be using last week‘s volatility as a good entry point and buying opportunity.
Rate decisions from both the BoE and ECB are expected, amid expectations of further stimulus for the euro zone.
In an interview with CNBC-TV18's Latha Venkatesh, Patrick Legland, global head of research, Société Generale shares his outlook on various geopolitical issues and their impact on economies.
In an interview to CNBC-TV18, Patrick Legland, Global Head of Research at Societe Generale, discusses the global cues and how the markets may pan in the future.
Most EMs have rallied in the past few trading sessions; investors are likely to utilize any negative news as a fantastic opportunity to take some profits at this stage, Patrick Legland said.
Societe Generale's Patrick Legland believes it is important for the ECB to clarify what they expect in terms of communication, disclosure on loans in its stress tests. He also adds that investors remain cautious on markets currently.
In an interview to CNBC-TV18, Patrick Legland, Global Head of Research, Societe Generale spoke about US debt situation, Fed tapering, and global market cues.
According to Jeff Chowdhry, if the US shutdown is prolonged, the impact will be seen in the lonfer-term as it might affect the US GDP growth.
Patrick Legland, Global Head of Research, Societe Generale spoke about the mood in the European markets and equities in particular. He is cautious on emerging markets, but likes India for the long-term.
Despite the recent fall seen in the EM currencies on the back of Fed tapering its bond buying program, Patrick Legland, global head of research, Societe Generale continues to be positive on them in the long-term.
In an interview to CNBC-TV18, Patrick Legland, Societe Generale spoke about trajectory of rupee and improvement in Eurozone economies.
SocGen remains cautious on emerging market. He sees good buying opportunities in peripherals of Europe.
Patrick Legland, Societe Generale year-end euro-dollar forecast stands at 1.20 year end. He expects US dollar to reinforce and euro to weaken.
Patrick Legland, Global Head of Research at Societe Generale feels there is complete confusion on what has been said by Ben Bernanke chairman of the US Federal Reserve. As Bernanke has always been supportive to economy.
Patrick Legland denies the possibility of the European Central Bank (ECB) cutting rates despite the markets expecting one.
Patrick Legland, head of research, Societe Generale says despite sell-offs being observed in Indian equity market, the global investors continue to be positive on Nifty.
The last few weeks witnessed a thin rally in European markets and it has now entered a period of consolidation, Patrick Legland of Societe Generale told CNBC-TV18.
In an interview to CNBC-TV18, Patrick Legland, global head of research at Societe Generale said that the global market is in a consolidation phase, though the appetite for risk still persists.
Patrick Legland of Societe Generale explains to CNBC-TV18 that with ECB support and the banking crisis receding, investors are withdrawing funds from safe havens such as the German Bund and the French OAT to invest in peripheral European economies such as Spain, Portugal and Greece.
Patrick Legland of Societe Generale explains to CNBC-TV18 that the key concern across European markets is not the Greek crisis but the looming threat of a political gridlock in the US Senate which could hamper resolution of the fiscal cliff and impede flow of funds into Europe under the QE3 programme.
Patrick Legland, Global Head of Research, Societe Generale summed up the global market mood and said, "The market now is back to reality."
Patrick Legland, global head of research, Societe Generale explains to CNBC-TV18 the factors and course of events that the European markets are pricing-in and expecting from the euro zone and the FOMC which meets later this week.