Copper, often seen as a barometer of industrial growth, is now trading 20 percent below its May peak, nearing a four-month low, signalling a potential economic slowdown
Vaccine rally can lift old economy stocks and cause portfolio churn
In an interview to CNBC-TV18, Nilesh Jasani, Head of Research (Asia Pacific) at Jefferies says, it is unclear how post-Brexit economic and financial markets dominos will fall globally, but market risks have certainly climbed.
In an interview to CNBC-TV18 Devesh Divya, Asia FX Strategist at Standard Chartered Bank shared his reading and outlook on the currency market. He expects markets to remain volatile at least till the time that we see clear pattern emerge in terms of Brexit versus Bremain.
According to Bruno Verstraete of Lakefield Partners, US dollar will show the way for the market – weaker the dollar better it is for commodities and emerging markets because it will help bring back risk-on in the market.
Foreign investors have pulled out nearly Rs 7,000 crore from the capital markets in about two weeks mainly on account of a combination of global and domestic issues.
Hans Goetti of Banque Internationale says risk of a contagion is not as high as it was a few years ago and a 'no' outcome does not immediately imply a Grexit.
Arnab Das, managing director, macro-strategy, Trusted Sources sees more easing from PBoC as China still has plenty of room for stimulus since the country is a net creditor.
Richard Ross, global technical analyst at Auerbach Grayson spoke to CNBC-TV18 about the performance of the US market over the past week. Check out his comments on where it is headed.
Despite positive news coming in from Europe, Mike Mayo of CLSA believes that there will be big impacts coming out of the debt crisis in the region.