Worried that the investment cycle recovery of states that have announced farm loan waivers could get further delayed, said Tanvee Gupta Jain, India Economist, UBS Investment Bank.
In an interview with CNBC-TV18, Geoffrey Dennis said that the Nifty was fairly valued at about 16.5 times next year earnings but added that if the demonetisation-induced slowdown eases and India goes back to 8 percent growth next year, the market looks "interesting" to foreign investors.
There is a need for investment lift-off and for that to happen, the government will have to mobilise the savings in the economy and make it available to the private sector, says Edward Teather, senior economist Asean & India of UBS Investment Bank
Edward Teather, Senior Economist-ASEAN & India at UBS Investment Bank wonders where could the benefit from low oil prices go since India's growth has not picked up despite falling crude prices.
The franc broke past parity against the euro to trade at 0.8052 per euro, before trimming those gains to stand at 1.0295. It also gained 25 percent against the US dollar to trade as high as 0.8900 per dollar.
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
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.
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.
Stephane Deo, global head of asset allocation at UBS Investment Bank, believes the downtrend in global equities is likely to continue in the future.
Stephane Deo of UBS Investment Bank said a number of political risks looming on Europe is leading to a lot of concern. Moreover, the pending solution on Greece and France's downgrade has added to the market woes.
Stephane Deo, global head-asset allocation, UBS Investment Bank explains to CNBC-TV18 that the fiscal imbalances in India are a cause for worry for overseas investors. Deo advises investors that the QE rally could be played by betting on copper especially in China from the end of this year or the start of next year.
Stephane Deo, global head- asset allocation, UBS Investment Bank elucidates to CNBC-TV18 that regional polls in Spain in October has caused the government to stall accepting the bailout package as that would imply a failure of policy. Deo adds there would enough liquidity to trickle down even after the Fed‘s purchase of mortgage-backed securities