Germany is now sitting on a mountain of savings.
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
The majority in the markets believe that a September lift-off is likely.
The RBI must cut rates to spur growth, say experts.
The dollar gained strength with the emergence of the US as the only developed economy showing signs of recovery.
Asian emerging market stock prices did see a bounce post Fed-talk.
The fact that the US recovery needs an elaborate defence suggests that things are far from certain.
'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 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.
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.
China's move to devalue its currency has exposed the fragility of its economy.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
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.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
The silver lining is that a pick-up in the US economy could help emerging market exports.
The markets stayed on edge last week due to the endless saga of Greece's problems.
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
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