Sri Jegarajah is a CNBC Senior Correspondent based in Singapore. An experienced business and financial markets correspondent who specializes in commodities since 1997, Sri follows global energy developments closely.
Covering financial markets for more than 15 years, Sri has reported on major global events including including the 2016 Jakarta attacks, 2008 financial crisis, the Indian Ocean tsunami and the aftermath of the 2011 tsunami disaster from Tokyo. He twice received the Bronze Medal in 2009 and 2013 for Best News Correspondent by the New York Festivals International TV & Films Awards.
Prior to joining CNBC in 2005, Sri was an energy reporter for Dow Jones Newswires and Bloomberg News in Singapore.
A Grexit would not lead to a mass exodus of nations from the EU, but it would cast a shadow over its future, said Spanish Defense Minister.
CNBC's Sri Jegarajah reports China stocks sank on fears of tighter margin loan rules. This was a conviction selloff lead by the brokerages, say Jegarajah.
The divergence in global monetary policy will drive the U.S. dollar higher this quarter, a CNBC survey of currency strategists and traders shows.
Gold may drop to $1,200 an ounce, possibly breaching the key support level on expectations that the Fed could signal tighter policy.