World stock prices rose to an eight-month high on Thursday and oil prices climbed as stronger-than-expected Chinese exports raised hopes of a more robust recovery for the global economy this year.
Spain's high government bond yields are right where they should be given the country's inflation outlook, Mark Mobius of Templeton Asset Management`s Emerging Markets Group told CNBC.
In an interview to CNBC-TV18, Justin Harper, head of research, IG Markets gives his outlook on the current global environment, post the EU summit. He also discusses other risky asset classes like crude.
Trevor Williams, chief economist, Lloyds TSB talks about the continuing negative news stemming from the euro zone. He says the immediate concern is Greece as it is closer to an exit but does acknowledge that the other worries - Spain and the euro are not too far behind.
Greece's president met little enthusiasm from political leaders summoned to a final round of talks on Monday to avert a new election, reinforcing fears the country was firmly on the path to bankruptcy and an exit from the euro zone.