Global stocks rose and the euro gained on Tuesday on a jump in US consumer confidence and after an Italian debt sale that some investors hailed despite record high rates analysts warned were unsustainable.
It’s been an extremely volatile week for global markets. Philip Poole, global head of emerging markets at HSBC Global Asset Management, tells CNBC-TV18's Mitali Mukherjee what is making investors nervous about the global environment right now.
Stock markets are showing anxiety over the geo-political situation emanating out of West Asia. Tim Condon, Head of Research-Asia at ING Financial Markets told CNBC-TV18 that he expects the nervousness surrounding emerging markets to continue because of the negative newsflow coming out of Libya which is affecting crude supplies.