Asia: Good start of the year for portfolio flows - TDS

Sandeep Kanihama FXStreet Contributor

According to Mitul Kotecha, senior emerging markets strategist at TD Securities, investors have piled into EM Asian equities as a more conducive external environment suggests inflows will continue in the next several weeks.

Key Quotes

“Headwinds from weakening global growth could stand in the way of a sustained improvement in inflows.”

“A more favourable external backdrop, i.e. less aggressive Fed combined with relatively more stable to stronger domestic currencies bodes well for Asian local currency bonds.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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