1. Foreign capital is flocking back to emerging markets in Asia
David Scutt, Business Insider Australia
Foreign capital is flooding back to emerging markets across Asia, particularly for stocks.
According to new research released by ANZ today, capital inflows to the region rose to $US15.3 billion in March, the largest one-month increase since the middle of last year.
It was the third consecutive month that net inflows were recorded, all but unwinding similarly large outflows seen in the final three months of last year.
As this excellent chart from ANZ demonstrates, continued weakness in the US dollar against currencies in the region was probably a contributing factor behind the pickup in capital flows to the region.
http://www.businessinsider.com/foreign-capital-is-flocking-back-to-emerging-markets-in-asia-2017-4
Dollar Weakens and Emerging Markets Strenghten….Dollar (UUP) -1.36% YTD vs. Emerging Markets +12%
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