Slow and uncertain flows


Bigger outflow: Traders monitor stock prices at an investment bank in Kuala Lumpur. Malaysian equities saw outflow rising to RM2bil in September from RM1.5bil in the preceding month.

THE huge outflow of funds from emerging market (EM) investments in the final weeks of September could be a sign that a big “risk-off” is brewing.

The Institute of International Finance (IIF) says the data it tracks shows that the high frequency of outflows from EMs were almost as big as in the 2013 taper tantrum or during the 2015 Chinese yuan devaluation fears.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

capital flow , equities , bond , emerging markets ,

   

Next In Business News

CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD
Oil set for weekly loss

Others Also Read