BENGALURU Indian stocks will rise over the coming year, but are unlikely to recoup their recent losses, according to equity strategists in a Reuters poll who cited worries about the ongoing economic slowdown and weak corporate earnings.
BENGALURU World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the U.S.-China trade war.
BENGALURU India's liquidity-starved economy will restrain housing market activity and price rises in coming months and into 2020, according to a Reuters poll of property market experts who were skeptical aggressive interest rate cuts will revive it.
BENGALURU The Chinese yuan will weaken further beyond the current 7 per dollar rate over the coming year as Beijing steps back from managing the currency amid tariff threats from Washington, a Reuters poll of foreign exchange strategists showed.
BENGALURU The Reserve Bank of India (RBI) will cut interest rates again at its October meeting, making it the fifth in a row, according to economists in a Reuters poll who said the central bank's decision to ease by 35 basis points on Wednesday was right.
RBI rates poll data
JOHANNESBURG/BENGALURU Battered emerging market currencies will eventually bounce back from their beating in the past week on worries about the U.S.-led trade war, but risks remain for currencies of commodity exporters inextricably linked to China, a Reuters poll found.
BENGALURU India's government will turn on the fiscal taps in the federal budget on Friday and revise its borrowing target slightly higher for this year and next, prompted by a slowing economy and weak jobs growth, a Reuters poll of economists showed.
BENGALURU Benchmark sovereign bond yields in China, India and Indonesia will decline over the coming year, tracking a shift in global monetary policy towards easing triggered by slowing economic growth and fading inflation expectations, a Reuters poll showed.
BENGALURU China's yuan is forecast to drift up over the coming year as the monetary authorities keep a tight leash on the partly-managed currency and prevent it from falling through the psychological 7 per dollar level any time soon, a Reuters poll showed.