Julius Baer sees crude oil at $60, India to gain

Crude oil prices could fall to $60 a barrel, which would benefit India, said Mark Matthews of Julius Baer in an interview with NDTV Profit. The decline would lower India's import bill and support the economy.

Matthews also said the Korean market is currently very volatile, though Korean stocks are now fairly priced. He expects Asian markets to gain greater investor attention going ahead. NDTV Profit reported the views as Matthews' personal outlook.