IT disruption driving up Asia EM currencies, GBP risk builds, AUD yield advantage gone

Posted on November 17th, 2017

Investors are pursuing gains in equity markets; in particular, EM markets that are big exporters of IT goods.  These capital flows are tending to drive currencies; Asian EM currencies are out-performing other EM regions.  The USD is tending to weaken as the US growth outlook is moderate and no more special than other economies.  The […]