SOURCE: Equity Markets Inc

October 10, 2011 09:00 ET

Expert's Economic Outlook, Global - Equity Research on AudioCodes Ltd. and Sify Technologies Limited

MACAU--(Marketwire - Oct 10, 2011) - Today, announced its research report highlighting AudioCodes Ltd. (NASDAQ: AUDC) and Sify Technologies Limited (NASDAQ: SIFY). Full content and research is available at

Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets'.

As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.

Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.

Equity Markets has reviewed AudioCodes Ltd. for its current position within the technology industry. AudioCodes Ltd. (AudioCodes) designs, develops and sells products for voice and data over packet networks. The Company's products primarily provide the media gateway element in the network, as well as voice over Internet protocol (VoIP), end-points, such as Internet protocol (IP) Phones and VoIP mobile clients. The full research report on AudioCodes Ltd. (NASDAQ: AUDC) is available here:

Equity Markets has reviewed Sify Technologies Limited for its development within the technology industry. Sify Technologies Limited (Sify) is an integrated Internet, network and electronic commerce services companies in India, offering end-to-end solutions with a range of services delivered over a common Internet backbone infrastructure. The full research report on Sify Technologies Limited (NASDAQ: SIFY) is available here:

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