In an interview to CNBC-TV18, Ramin Nakisa of UBS Investment Bank shares his views on the European markets and how it is likely to fare with the Fed holding back rate hikes.
In an interview with CNBC-TV18‘s Sonia Shenoy and Anuj Singhal, UBS Investment Bank‘s Ramin Nakisa shared his outlook on the expected US Federal Reserve rate hike and what it may spell from bonds, stock and currency markets, especially in emerging economies.
Ramin Nakisa, deputy head of asset allocation at UBS Investment Bank and author of 'Invest in fear - a simple guide to trading volatility' sees a big risk mood and volatility across markets but it maybe worrisome if VIX rises above 30.
In an interview to CNBC-TV18‘s Sonia Shenoy and Senthil Chengalvarayan, Ramin Nakisa, Senior Global Asset Allocation Strategist, UBS Investment Bank gave his view on whether an earlier-than-anticipated Fed rate hike is on its way.
Globally investors are focussed on Federal Reserve chair Janet Yellen's first testimony before congress today. Markets are looking for clues as to whether monetary policy will remain supportive. Ramin Nakisa, UBS Investment Bank expects to maintain the stance as far as QE tapering is concerned.
Announcement of tapering could bring about a sea change in foreign exchange in January, which would lead the dollar to strengthen against other currencies like yen, euro, which in turn would be good for Japanese and European equities but bad news for emerging markets, says Nakisa
Speaking to CNBC-TV18, Ramin Nakisa, Senior Global Asset Allocation Strategist, UBS Investment Bank says the worst case scenario would be if the US defaults.
According to Ramin Nakisa, the Republicans will be blamed more for the shut down and therefore, they will make sure that the shut down does not affect the economy in the short-term atleast and will try and get the Obamacare scuttled through October debt ceiling negotiations.
Speaking to CNBC-TV18 on the implications of the US Fed taper and the result on the debt ceiling debate, Ramin Nakisa of UBS Investment Bank says the tapering of the Fed‘s USD 85 billion worth bond-buying program will give a psychological shock to the international markets.
Speaking to CNBC-TV18, Ramin Nakisa of UBS Bank says that despite the fat that the Fed didn't make any new statement in its June 19 announcement, all markets, across territories saw deep corrections.
In an interview to CNBC-TV18, Ramin Nakisa, Senior Global Asset Allocation Strategist at UBS Investment Bank spoke about the current trend in global market.