Sumedh Deorukhkar
Sumedh Deorukhkar
Senior Economist

Sumedh Deorukhkar joined BBVA Research in 2011. In his prior capacity as Senior Economist Asia, based in Hong Kong, he published extensively on emerging Asia with a focus on India and Indonesia. He regularly shares economic views across electronic media and his work is quoted in leading business newspapers and magazines. He was the key note speaker at the Asian Banker Conference 2015 held in Jakarta, Indonesia. His paper on India’s Overseas Direct Investments was selected for presentation at the 4thCopenhagen Business School Conference on ‘Emerging Multinationals: Outward Investment from Emerging Economies’ in 2014.  

In previous years, Sumedh worked for 4 years with ICICI Bank, India’s largest private sector bank, as an economist in its Treasury department, where he published extensively on the US and Indian financial markets.

Sumedh holds an MSc degree in Economics from Indira Gandhi Institute of Development Research, an advanced research institute established by the Reserve Bank of India. He also holds a specialized degree in Financial Risk Management from the Global Association of Risk Professionals (GARP), USA.

Latest publications

Markets extended the last year-end rally after US-Iran geopolitical tensions moderated. Investors’ risk appetite improved, underpinned by encouraging economic data, confirmation of the US-China Phase One trade deal next week, and the conviction that central banks stand ready to act if needed.
The confirmation of a US-China phase-one trade deal cheered up markets ahead of Christmas. Nonetheless, uncertainty resurfaced in the markets at some point as UK Prime Minister downplayed expectations of any extension of the Brexit transition period beyond end-2020.
A vigilant optimism prevailed in financial markets as investors await more details about the phase-one trade deal reached between the US and China. Meanwhile, the Eurozone economic outlook is gloomy as its manufacturing recession deepened.