Asia Unhedged | Asian EM currencies, equities supported by investor flows in Q1
An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China. Photo: Reuters, China Daily
An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China. Photo: Reuters, China Daily
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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.

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