Richard Gibbs of Plantagenet Investments says stimulus expectations have been running very high since Mario Draghi's commentary.
In an interview to CNBC-TV18, Richard Gibbs of Plantagenet Investments shares his views on the global markets and how the upcoming days are likely to pan out.
Richard Gibbs of Plantagenet Investments says he is confident of growth in India's infra sector and the road Construction space.
According to Richard Gibbs, the Indian market is well placed considering the WTI is under the USD 52 per barrel mark and may go further down, which is good for the market.
In an interview to CNBC-TV18, Richard Gibbs of Macquarie shares his views on the global markets and what is likely to be the outcome of the nuclear deal between Saudi Arabia and Iran.
Richard Gibbs of Macquarie Securities believes tailwinds from lower oil prices are unlikely to be as strong as they were earlier.
Dismissing the recent market correction as a “bit of a reality checkâ€, Richard Gibbs of Macquarie said the India economy had several positives going for it and added that foreign investors were now looking for strong leadership in the Union Budget that takes later this month.
In an interview to CNBC-TV18, Richard Gibbs says 2015 is likely to be a year of uneven growth. He believes the Japanese economy is back in recession.
Indian economy will still have plenty of potential for growth in domestic demand in 2015. Recent concerns about the RBI interest rate moves or delay in a cut in interest rates are a bit over blown at this point in time, Gibbs adds.
According to Richard Gibbs of Macquarie Securities reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation
The European Central Bank (ECB) on Thursday cut interest rates to a fresh record low. The central bank has cut benchmark interest rate to 0.05 percent from 0.15 percent and marginal lending rate to 0.3 percent, while deposit rates have been slashed to -0.2 percent from -0.1 percent.
Richard Gibbs said though he does not see rate cuts from RBI anytime soon, he has “big expectations†on structural reforms from the Narendra Modi government.
Watch the interview of Richard Gibbs, Global Head, Macquarie Securities with Ekta Batra & Reema Tendulkar on CNBC-TV18, in which he spoke about the referendum in Crimea and how that will affect the global market.
Geopolitical tensions surrounding Ukraine weighed heavily on global markets. Key Asian markets ended lower except in China that gained 0.9 percent while Nikkei and Hang Seng fell 1-1.5 percent. European markets lost between 1-2 percent.
Richard Gibbs, Global Head, Macquarie Securities says India need not worry too much about tensions in Ukraine as it is well supported by domestic demand. According to him, investors should use every dip to buy into markets like India. He says the country could see opportunistic buying.
Overnight there was some sell-off in emerging markets such as Russia and Argentina and Ukraine too was under pressure. But Richard Gibbs, Global Head, Macquarie Securities is not worried about the sell-off affecting Indian market. He believes as long as India's political scene remains on track, India should do well.
Richard Gibbs of Macquarie Securities talks about the Chinese market post its trade data.
Richard Gibbs of Macquarie Securities expects the Reserve Bank to sit tight on rates given the December inflation outcome
Richard Gibbs of Macquarie Securities expects India to enter the New Year in a fairly well supported way and with a reasonably right position in terms of capital accounts and capital inflow.
With US labour market improvement coming in, experts see a small-meausre tapering coming in soon.
In an interview to CNBC-TV18, Richard Gibbs, global head, Macquarie Securities spoke about the emerging markets and his outlook for the Indian rupee.
In an interview to CNBC-TV18, Richard Gibbs, global head of Macquarie Securities spoke about his outlook for the Asian markets.
Richard Gibbs, global head, Macquarie Securities said with the latest development on the US debt ceiling issue, it is likely that the US Federal Reserve might push its QE tapering plan to next year.
Richard Gibbs Macquarie Securities says it could be a partical shutdown for the US government and the economic data could be imapcted the most.
According to Richard Gibbs, the Indian economy may see a growth downgrade going ahead due to the recent measures taken by the RBI. He recommends caution on the emerging markets as Fed tapering is still uncertain.