India polling will take more than five weeks to complete. That leaves many American observers wondering: Why so long?» Read More
CNBC's Mary Thompson and Art Cashin, of UBS, discuss the global worries impacting U.S. markets and whether the Fed will be able to come up with a unique way to stimulate lending, rather than interest rates.
Art Cashin, UBS director of floor trading, discusses the gloom and doom descending on global markets after this morning's weak employment report, and the flight to safety in gold.
India’s economy grew at its slowest pace in nine years over the first quarter of 2012 and inflation stayed stubbornly high at 7 percent, which say experts is pushing policymakers into a “stagflation” trap.
Brazil continues to see high levels of investment by some of the biggest global players despite suggestions that money is being pulled out of emerging markets as the global macro-economic picture worsens, Slim Feriani, Chief Executive Officer of Advance Emerging Capital Limited told CNBC’s “Squawk Box Europe”.
Pankaj Vaish, MD and head of markets at Citigroup, told CNBC, "The policy makers are in a pretty tough spot because growth has slowed down dramatically and they feel that they have limited room to cut rates because inflation is still high. But I think they will realise that India's claim to fame was growth."
Tassapon Bijleveld, CEO of Asia Aviation, said his company has a strong growth story so it decided to go ahead with its IPO despite market volatility.
Alain Renaud, Global Head of M&A, HSBC says the Indian government's move to impose a retroactive capital gains tax on foreign acquisitions isn't good for mergers and acquisitions or for India.
Nick Bennenbroek, Head of Currency Strategy, Wells Fargo says the U.S. dollar could rise another 3-4%.
Russia’s typical out-of-step response to global events – the latest its refusal to condemn the Assad regime in Syria – show its increasing insignificance on the world stage, Nouriel Roubini, chairman of Roubini Global Economics and Ian Bremmer, president of Eurasia Group, argue in an op-ed in the Financial Times
Samir Arora, fund manager at Helios Capital, told CNBC, "India itself is quite a diversified economy and has a large number of sectors unlike many other Asian and emerging markets. Therefore at a gross aggregate level India does tend to do well more or less in every situation whether the growth rates are high or low."
Sean Yokota, Asian FX Strategist, UBS Investment Bank says the Indian rupee and the Indonesian rupiah are among the most vulnerable currencies in Asia. He favors the U.S. dollar instead.
Ruchir Sharma, Head of Emerging Markets & Global Macro, Morgan Stanley Investment Management says the stars of emerging markets, Russia and Brazil, will disappoint investors as they are facing serious problems. Instead, Southeast Asia may surprise on the upside.
A Greece exit from the euro zone could lead emerging market equities to retest the lows reached during the Lehman bankruptcy in 2008, spurred by mass capital outflow on heightened risk aversion, say strategists.
The recent panic selling of Asian stocks on fears of a possible euro zone break up is almost over with most indices in the region having bottomed out, says one analyst, who recommends buying now as central banks are likely to start pumping liquidity into the financial markets soon.
Since the price of gold spacer has not ratcheted up in this latest Europe driven downturn, some say surely that must mean that the wisdom of owning gold is now null and void. I disagree; gold should still be a part of your investment plan.
India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution. The FT reports.
Siva Govindasamy, Asia Managing Editor, Flightglobal says unfair competition is a key challenge for domestic carriers given Air India's articifically low fares. He likes Jet & IndiGo as they are well-positioned for future profits.
Economic woes dog the euro and hound the pound - it's time for your FX Fix.
Worries about Greece sap risk appetite as the euro slides and the dollar soars - it's time for your FX Fix.
Nicholas Ferres, Investment Director, Global Asset Allocation, Eastspring Investments says that the Indian Rupee is starting to look cheap and is clearly oversold.