Citi: Fed and Kim Jong Un among main risks for Asian markets

HONG KONG: The smooth sailing for Asian emerging markets this year has Citigroup Inc analysts getting antsy. They’ve identified four major risks that could lead to a more turbulent second half.

While resilient growth, benign inflation, a carry-friendly environment, Chinese reforms and market-friendly political transitions could still be the dominant themes for the region over the rest of 2017, the outlook is “uncomfortably sanguine,” analysts led by Asia-Pacific chief economist Johanna Chua wrote in a July 21 report.