India

Below are my top twelve news stories for the day with added commentary. 1 - Asian firms’ confidence sinks to near 3-year low on trade war fears Representing the six-month outlook of 104 firms, the Thomson Reuters/INSEAD Asian Business…

In what can only be seen an unexpected Chinese success, several US allies have agreed to participate in China and India's Asian Infrastructure Investment Bank. The frustration with the US on this issue is palpable. There is another issue…

Let me keep this Friday piece short as I am going to go a little out of my wheelhouse and talk about India. I have been hearing a lot of positive noises about India from various sources including Eswar Presad, Willem Buiter and Christopher…

Russia is signalling de-escalation in Ukraine, at least on economics The mobile battle is moving to India The limited window on Abenomics is closing

The emerging markets crisis has died down recently and we are resuming a normal bull market. That is bearish for gold. But when the emerging markets crisis heats up again due to the Chinese slowdown, a flight to safety will occur again.…

By Win Thin and Ilan Solot The Crimean crisis threatens to escalate again this week. Russian forces in Crimea have been increased and they are consolidating their control of Crimea. This involves neutralizing Ukrainian bases in Crimea and…

Themes for today: Commodities: soybean prices could fall due to increased supply. This would be troublesome for Argentina. Emerging markets: Of the fragile five, India is looking better, Brazil is still a big concern. Developed…

As the emerging markets contagion spreads, the BRIC nations are coming under increasing pressure in the capital markets. As discussed previously Brazil and Russia are witnessing new multi-year/record lows in their currency valuations.

The first seven trading days of September have offered all of these markets some much needed breathing space with EM currencies, bond and equity markets all doing considerably better. It is thus tempting to conclude that this was just…

India is about to get a new new central bank governor, Raghuram Rajan, a University of Chicago economist with outstanding academic credentials. He is expected to start this Thursday, smack in the middle of a financial crisis the likes of…