Daily Market Report (20 Aug 2019)
Tue, Aug 20, 2019 8:55 AM
- It is interesting to note that the emerging Asian countries are currently offering highly attractive yields amid more stable political scenario and yet foreign investors are shunning the region.
- Apart from Thailand which saw huge inflows of hot foreign money, the rest of South East Asia countries apart from Singapore offer solid 10-year bond yields ranging from 3.25% to 7.33%.
- As most countries are jumping into the low interest rates bandwagon, we reckon it will be a matter of time before foreign monies return to the region which will have a positive impact on their respective currencies.
