global markets update

US markets have topped; in medium term, it is good for EMs like China, Mexico: Adrian Mowat

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US markets have topped; in medium term, it is good for EMs like China, Mexico: Adrian Mowat

Adrian Mowat, EM-Equity Strategist, says he believes the US markets have topped out and they are going to struggle to make much progress this year. It is a good thing in the medium term, but we obviously have to deal with a lot of news flow around the US trade policy, around events in Russia … Read more

Volatility in global markets, Fed’s hawkish tone to weigh on Dalal Street

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Volatility in global markets, Fed’s hawkish tone to weigh on Dalal Street

Mumbai: Indian equities are likely to be under pressure earlier this week, mirroring the slump in US markets on Friday, sparked by the higher-than-expected May consumer inflation reading. Investors fear sharper hawkish tone from the US Fed in its rate-setting meeting on June 15 to contain inflation (at a 40-year high), driving up the dollar … Read more