The week goneby, witnessed selling pressure in the emerging market currencies and stocks.
Volatility has spiked up significantly in these markets. Even rate hikes from the central
banks of some economies have failed to lure investors. There is no sign of abatement of
this nervousness.
Back in India, now GDP is estimated at 4.5% much below the previous estimate of 5% as
per a government agency. Further, according to a latest data, consumer vehicles sales
have dropped for the month of January 2014 YoY.
Given all these factors, markets may continue to remain under pressure for the coming week.
Volatility has spiked up significantly in these markets. Even rate hikes from the central
banks of some economies have failed to lure investors. There is no sign of abatement of
this nervousness.
Back in India, now GDP is estimated at 4.5% much below the previous estimate of 5% as
per a government agency. Further, according to a latest data, consumer vehicles sales
have dropped for the month of January 2014 YoY.
Given all these factors, markets may continue to remain under pressure for the coming week.
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