According to EPFR, intelligence provider on fund flow statistics emerging markets in Asia, registered another outflow of funds worth $ 1.5 billion this week. Last week saw similar net outflow of $2.4 billion among which …
According to EPFR, intelligence provider on fund flow statistics emerging markets in Asia, registered another outflow of funds worth $ 1.5 billion this week.
Last week saw similar net outflow of $2.4 billion among which China saw outflow in tune of $1.2 billion and South Korea $ 0.96 billion. Equity markets seeing the most of the outflow.
China once again registered for most of the out flow of more than $ 1 billion followed by South Korea. Chinese stock index rose to new seven year high, fueled mostly by domestic buying. As both the countries' central bank are in policy loosening cycle, stock might continue to move higher. However risks for sharp downfall is building up.
India remains investor darling and this week saw a net inflow of $ 412 million. This is a consecutive 9th week of inflow. Last week the inflow was $ 147 million.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
