An investor looks at an electronic board showing stock information (red for gains) at a brokerage house in Nanjing, Jiangsu province, China. Photo: Reuters, China Daily
Asia UnhedgedReal-time intel on what moves markets
Asian EM currencies, equities supported by investor flows in Q1
The strong economic outlook should continue to lure investors
March 31, 2017 8:22 PM (UTC+8)
Bloomberg reports that, except for the Philippines, every Asian emerging-market currency strengthened in the first quarter on optimistic growth forecasts for the region.
The region’s equity markets also saw the best three-month showing in seven years.
Head of Asia research at ANZ Banking Group Khoon Goh said his firm still sees inflows supporting Asian currencies over the coming quarter.
Comments
continue reading