Trial now

Consolidating At Recent Lows


Approaching Key Resistance


Approaching The 50-Day EMA


Monday Look Ahead, Markit PMIs, ISMs

ASIA: ANZ write that "portfolio flows into Asia ex-China turned negative in
December after a short recovery in the previous month. With this, the region
recorded net outflows of USD25.9bn for the calendar year 2018, the first full
year outflow since 2008. While the temporary reprieve in US-China trade tensions
saw foreign investors return to China's debt market in the month, outflows from
the Asia ex-China equity markets indicate investors are still concerned about
the region's growth outlook. The new year has seen a return of inflows, as a
shift in the US Federal Reserve's language around their policy normalisation and
optimism that US-China trade talks will result in a deal have helped to improve
investor sentiment towards Asian assets. But sentiment and flows can be fickle
and we can expect volatility to persist in 2019."
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