Foreign outflows hit Asian stocks as Iran war drives oil shock fears

Asian equities have seen heavy foreign outflows so far in March as disruptions to Middle East energy supply linked to the U.S.-Israeli war with Iran raised fears of an oil shock. Elevated stagflation risk is prompting risk-off positioning that could pressure regional equities, FX and energy/commodity markets.

Analysis

Asian equities have seen heavy foreign outflows so far in March as disruptions to Middle East energy supply linked to the U.S.-Israeli war with Iran raised fears of an oil shock. Elevated stagflation risk is prompting risk-off positioning that could pressure regional equities, FX and energy/commodity markets.