皇冠现金网
热门标签

哈希108竞彩平台:Unstoppable dollar risks worsening US$71bil Asia stock exodus

时间:1个月前   阅读:25   评论:4

皇冠信用网appwww.hg108.vip)是一个开放皇冠信用网代理APP下载、皇冠信用网会员APP下载、皇冠信用网线路APP下载、皇冠信用网登录APP下载的皇冠正网平台。皇冠信用网APP上最新登录线路、新2皇冠信用网更新最快。皇冠信用网APP开放皇冠信用网会员注册、皇冠信用网代理开户等业务。

The MSCI Asia ex-Japan Index has fallen 20% as foreign investors took US$71bil (RM316bil) out of stock markets in emerging Asia outside China so far this year, already double the outflows in 2021. The dollar has steamrolled through global currency markets lately, benefiting from bets on aggressive Federal Reserve rate hikes.

NEW YORK: The dollar’s relentless rise is threatening to trigger more outflows from Asia’s emerging-market (EM) shares, spoiling hopes of the region making a comeback in the second half.

A gauge of Asian currencies has slumped to its lowest in more than two years, an ominous sign for equities given their strong relationship with moves in foreign exchange.

The MSCI Asia ex-Japan Index has fallen 20% as foreign investors took US$71bil (RM316bil) out of stock markets in emerging Asia outside China so far this year, already double the outflows in 2021.

The dollar has steamrolled through global currency markets lately, benefiting from bets on aggressive Federal Reserve rate hikes.

A stronger greenback bodes ill for Asian stocks when it signals lower risk appetite and is also seen as negative for growth in emerging economies, many of which rely on imports priced in the currency.

,

哈希108竞彩平台www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,哈希108竞彩平台开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏。

,

“The dollar is strengthening because there’s risk aversion rather than growth” and that’s “not a good mix” for Asian assets, said Zhikai Chen, head of Asian equities at BNP Paribas Asset Management.

Asia’s tech-heavy markets like South Korea and Taiwan look particularly vulnerable as higher global bond yields and recessionary headwinds are hurting valuations and the demand outlook. Stock benchmarks in the two nations are among the worst performers in the region this year and foreigners have net sold a combined US$50bil (RM223bil) of their shares.For less export-reliant markets, weaker local currencies worsen national balance sheets and company profit margins, as both corporate and sovereign borrowers suffer from higher repayments on dollar-denominated debt.

In India, one of the world’s biggest oil importers, the rupee has tumbled to a record low as the nation faces widening current-account and fiscal deficits. Meanwhile, the hands-off approach by Thailand’s monetary authority has resulted in a slump in the baht, one of the big decliners in EM currencies this year. Further currency weakness could threaten the resilience their stock markets have shown in 2022.

Chinese stocks, which saw a slew of bullish calls in June, have taken a sharp turn lower this month, adding to Asia’s woes. A key gauge of shares listed in Hong Kong is down more than 9% amid renewed Covid concerns, an intensifying property crisis and fresh regulatory scrutiny of the tech sector. — Bloomberg


转载说明:本文转载自Sunbet。

上一篇:Chơi cờ bạc online:Tesla thu hồi hơn 24.000 xe tại Mỹ do vấn đề dây an toàn

下一篇:VPMilk khánh thành nhà máy mô hình sinh thái VPMilk Eco Farm

网友评论

  • 2022-08-24 00:41:04

    “As such, the government had to pay an upfront fee of RM1.36 billion to BNS, which is against government protocols,” said PAC in a statement today.我逢人就推