Taiwan and India continued to dominate inflows in the equity space – ANZ

Analysts at the Australia and New Zealand Banking Group (ANZ) discuss the relative importance of portfolio flows into the Emerging Markets (EM) Asia.  |  11/12/2019 03:57

Analysts at the Australia and New Zealand Banking Group (ANZ) discuss the relative importance of portfolio flows into the Emerging Markets (EM) Asia to the trade war between the United States (US) and China.

Key quotes

“With no further progress on the US-China ‘phase one’ deal, foreign inflows into EM Asia ex-China slowed in November. Taiwan and India continued to dominate inflows in the equity space.”

“South Korean assets suffered the largest monthly foreign portfolio outflow since August 2011. Foreign investors pulled USD3.0bn out of Korean equities, with a further USD1.5bn in outflows seen from the debt market.”

“It was a mixed bag for debt inflows, as the region’s easing cycle starts to draw to a close, and signs of stabilization in growth appear. Foreign demand for onshore Chinese assets stayed strong.”

“How portfolio flows end the year will hinge on whether the scheduled 15 December tariff increase on Chinese goods will be suspended by the US even if no deal is reached by then. A collapse in trade talks remains a tail risk event.”

Share

Popular News

Show More Popular News

Market Insight's Views

Market Insight analyses will provide both fundamental and technical comprehensions on finance
and other asset classes for Market Insight viewers

Back

Login to Market Insight Account

Your Market Insight account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.

Forgot Password?

Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight

Create a Market Insight's Account

Your Market Insight account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

register_ty

Thank you!

Welcome to Market Insight family!

You have succesfully completed the registration.
We will send you an e-mail to give you some
instructions and our Terms and Conditions!
Our account representatives will be contacting you as
soon as possible. If you have any further questions
please do not hesitate to mail us via info@marketinsight.com