China is keen to rebalance its economy towards higher consumption, services, technology use and value-added exports. The hope is that its currency will strengthen as the world embraces it as a global trade and reserve currency, say Abheek Barua & Bidisha Ganguly.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.
OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.
The next round of bad news could come from Europe, where banks in a number of economies such as Italy, Portugal and Greece are sitting on mountains of bad loans.
The fuzziness of Trump's economic blueprint remains the biggest risk.
If banks have a surplus, they have the option of parking the money with the RBI.
Asian emerging market stock prices did see a bounce post Fed-talk.
'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
The belief that the Fed knows something that lesser mortals don't is common.
China's move to devalue its currency has exposed the fragility of its economy.
The majority in the markets believe that a September lift-off is likely.
The RBI must cut rates to spur growth, say experts.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
The rise in US interest rates and associated change in the direction of capital flows, the fall in oil prices and the slowdown in China will dominate the markets, say Abheek Barua and Bidisha Ganguly
Saudi Arabia's deep pockets and a strong financial system could help the country to ride out a low-price environment in order to protect its market share.
Look at the GDP data from the demand side, and you get a growth of only 7 per cent.
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