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Market Impact: 0.8

Foreigners Set to Pull Record Funds From Emerging Asia Stocks

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Global investors are on track to withdraw a record amount from Asian emerging-market equities excluding China as surging oil prices tied to the Middle East conflict cloud the region’s outlook. The large outflows are driving risk-off positioning that is likely to pressure EM equity performance, increase volatility and strain local FX and bond markets.

Analysis

Global investors are on track to withdraw a record amount from Asian emerging-market equities excluding China as surging oil prices tied to the Middle East conflict cloud the region’s outlook. The large outflows are driving risk-off positioning that is likely to pressure EM equity performance, increase volatility and strain local FX and bond markets.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.60