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  • China – Big, scary FX outflows, Part II

    Date: 19 January 2009
    Author: Stephen Green
    Region: China
    Categories: Economics

    ...financing likely explains the largest chunk of China’s huge apparent FX outflows China’s net increase in US assets in October-November suggests FX...

  • China – Big, scary FX outflows

    Date: 14 January 2009
    Author: Li Wei, Stephen Green
    Region: China
    Categories: Economics

    Unexplained outflows have accelerated, but the scale is difficult to discern Forward arbitrage flows...

  • China – If you can keep your head while… (The 2008 balance of payments)

    Date: 28 April 2009
    Author: Li Wei, Stephen Green
    Region: China
    Categories: Economics

    Significant FX outflows from China and from CNY in H2-2008 via various routes Returns...

  • Thailand – Resilient despite wider current account deficit

    Date: 19 November 2008
    Author: Usara Wilaipich
    Region: South East Asia
    Categories: Economics

    ...to widen due to falling exports and tourism income Combined with portfolio outflows, this will put THB under pressure in H1-09 Foreign reserves and...

  • Weekly flows update

    Date: 12 July 2010
    Author: Alvin Liew, Anubhuti Sahay, Brandon Loe, Danny Suwanapruti
    Region: Global Overview
    Categories: Fixed Income

    ...USD 17mn and EM bond funds saw inflows of USD 740mn • Renewed outflows from some AXJ equity markets highlight the fragility of risk appetite • On...

  • Weekly flows update

    Date: 14 June 2010
    Author: Anubhuti Sahay, Brandon Loe, Callum Henderson, David Semmens
    Region: Global Overview
    Categories: Fixed Income, Commodities

    Investors continue to adopt a defensive stance, but outflows from high-beta are slowing • EM debt funds are starting to reduce...

  • Weekly flows update

    Date: 17 May 2010
    Author: Alvin Liew, Brandon Loe, Callum Henderson, Danny Suwanapruti
    Region: Global Overview
    Categories: Fixed Income

    ...the second time this year • Most EM equity fund regions saw net outflows, with the exception of Africa on diversification • EM debt funds have reduced...

  • Weekly flows update

    Date: 1 February 2010
    Author: Brandon Loe, Callum Henderson, Eric Sugandi, Mary Nicola
    Region: Europe, India, South East Asia, South Asia, North East Asia
    Categories: Fixed Income, Foreign Exchange

    ...equity fund inflows are slowing sharply due to fading risk appetite, China outflows • EM-dedicated debt funds hit by risk aversion; they are likely to...

  • South Korea – Potential risk factors for the KRW

    Date: 2 September 2009
    Author: Suktae Oh
    Region: North East Asia
    Categories: Economics

    ...concerns on the growth outlook • Renewed current account deficit or equity capital outflows, accompanied by an increase in external debt, would be negative for the...

  • IDR and the balance of payments

    Date: 5 February 2009
    Author: Eric Sugandi, Thomas Harr
    Region: South East Asia

    ...under pressure on deleveraging, global recession Current account balance deterioration and portfolio outflows are local concerns In H2, current account should rebound on lower import...

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