Last quote by Kiran Kowshik
The EM rally has hit a bit of a speed bump. The market is moving to price in a hike in March following the recent comments from Fed officials, that's driving a retreat in some emerging market currencies.
Mar 03 2017
We found 5 articles in which Kiran Kowshik said something. The most recent Kiran Kowshik’s quote is: “The budget went without any accident. Ratings agency S&P said it seems to tick all the right boxes as of now. The market is probably trying to price in that you won't get a June downgrade. That was a big concern for the market and that's coming off.”. In addition, all sources we refer have quoted Kiran Kowshik 6 times. On this page, you will find all of Kiran Kowshik’s quotes organized by date and topic.
Quotes by Kiran Kowshik
Feb 23 2017
The budget went without any accident. Ratings agency S&P said it seems to tick all the right boxes as of now. The market is probably trying to price in that you won't get a June downgrade. That was a big concern for the market and that's coming off.
Feb 23 2017
Global data is still looking quite strong and that bodes well for EM as a whole. Iron ore is still trading quite strong - so long as the global economy is showing signs of recovery, we really like the commodity exporter currencies.
Feb 13 2017
(Rouble strength) is mostly because of oil, which continues to be well-supported, but also now many people are coming to realise that the dollar purchases in the grand scheme of things won't make a huge difference. Many people thought there would be 5-10 percent upside on dollar-rouble due to the purchases, probably many short rouble positions were built, and those may be getting unwound.
Jan 11 2017
It's January, but the lira has gone through most people's year-end forecasts. I think it can keep weakening if the central bank doesn't do something as flow pressures will work against it. At the end of the day they need to get real rates significantly higher ... They need to do in one shot and they need to do it quickly.
Oct 04 2016
Emerging currencies were doing well for a while, driven by the low-for-longer theme, re-flattening of (developed) yield curves and energy prices being better supported. But now we have some idiosyncratic stories linked to politics. That's why Turkey is underperforming.