Philip Poole, Global Head of Macro and Investment Strategy, HSBC Global explains that RBI had not choice but to tighten money supply due to currency pressure. He suggests that foreign investors would focus more on bond market than equity following higher yields and weak currency.
Philip Poole, Global Head-Emerging Markets, HSBC believes the global economy is improving in 2013 as signs of growth in the United States and China are much more evident than in 2012.
In an interview to CNBC-TV18, Philip Poole of HSBC says the uncertainty in terms of monetary policy no longer exists after the US election results. However, he says the fiscal cliff issue still needs to be addressed. He sees an eventual solution that will reduce the fiscal drag.
Philip Poole of HSBC believes there is an increasing likelihood of further stimulus from the Fed. But, the announcement for a bond buying programme is unlikely during the ECB meet on September 6, he feels.
Philip Poole of HSBC sees long-term value in certain sectors in India. He thinks that the entry points at this stage are actually quite interesting in a medium to long-term view.
Philip Poole, Global Head – Emerging Markets at HSBC Global Asset Management tells CNBC-TV18 there are no quick silver bullets which can fix Europe's problems.
It’s been an extremely volatile week for global markets. Philip Poole, global head of emerging markets at HSBC Global Asset Management, tells CNBC-TV18's Mitali Mukherjee what is making investors nervous about the global environment right now.
Philip Poole, Global Head of Emerging Markets, HSBC, said the global economy is not growing rapidly but it is also not heading back to recession.
In an interview with CNBC-TV18, Philip Poole of HSBC Global Asset Management, spoke about his reading of the global equity market and his outlook.
To get a handle on how sentiment is after all the developments in the US, HSBC's global head of emerging markets, Philip Poole spoke to CNBC-TV18 and gave his expert opinion on the subject.
In an interview with CNBC-TV18, Philip Poole, global head-emerging markets, HSBC says, issues of Middle East, Japan have faded somewhat from attention and now the focus is on concerns in Europe. According to him, crude, certainly, is a drag on global growth, but it won’t derail the recovery.
In an interview with CNBC-TV18, Philip Poole, Global Head of Emerging Markets, HSBC gave his perspective on the markets going forward.
Philip Poole of HSBC is positive on India. In an interview to CNBC-TV18, he explained that a changed sentiment and clearly having attracted so much flow in 2010 are the reasons why India has been underperforming.