29 Quotes by Khuram Chaudhry

We're finding that the data from the U.S. on industrial activity were pretty weak. It's so-so on the consumer although housing activity is still holding up. When you look at Europe, Sweden and Hungary both cut interest rates this week.

There is a little bit of uncertainty about what exactly Mr. Greenspan will say today. Investors want to hear about interest rates. Yes, the economy has shown some signs of suffering recently, but that's countered by other data indicating continued improvement overall. Investors are cautious until they hear more from Greenspan today.

We've seen a lot of bad news emerge from the U.S., ... and it's likely to continue with regard to European companies.

One reason the futures may be up is because the latest economic data have been a bit softer than expected and that better for the direction of interest rates.

Today has been different from the past few weeks as we have seen real capitulation in the market as every stock and every sector is down.

I think the focus in the U.S. is on economic data coming out -- things like U.S. import prices. You find a weak dollar will translate into higher import prices. In corporate news, Cisco's numbers could have a positive impact, it was helping some of the European tech stocks early ... but European bourses have pulled back a bit.

Retail results will also be closely watched. One other factor we're watching related to oil is the effect the high prices could have on consumer spending.

Markets in Europe moved down after a turnaround in the U.S. markets. The good news was that the Bank of England cut interest rates at the same time other European bourses and the Bank of Japan joined in.

We have to see hard numbers on economic data showing there is some lift in the manufacturing and services sectors. The other trigger is very much Iraq -- if crude oil comes off significantly that should help the cyclical stocks.