Investors should be prepared for extreme volatility, if the central banks are unable to engineer a so-called "soft landing" for the global economy
Maruti's net profit will get a boost from the depreciation in Japanese Yen and synergies from the merger of Suzuki Powertrain. However, revenue will be lower due to sluggish demand for passenger cars.
Mecklai graph of the day: Yen slumped to a low of 27-month against the U.S. dollar and a 16-month versus the euro recently, after Shinzo Abe resumed office as Japan's new prime minister and reiterated his pledge to push for more drastic monetary and fiscal measures and weaken the Japanese currency.