German PMI may show improvement: ETX Capital
By Bianca Ghose | Published On: May 21, 2013 13:35 (IST) | Duration: 4 min, 41 sec
ETX Capital market strategist Ishaq Siddiqi tells NDTV Profit that equities are rather expensive at this point with central banks across the world continuing with their easing programs. He indicates that the euro zone and German PMI data expected at the end of the week is likely to be positive. The data may show an upswing in industrial and manufacturing, particularly in Germany, he adds.