Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Outflows across the board in Asian on Thursday. Korea saw a large outflow of $510m, the largest outflow it has seen in two weeks. The outflows across the region are consistent with the ‘risk off’ mode the markets are in ahead of the US Presidential Election. Typically in this type of environment, global investors retreat back to USD denominated assets. .
• South Korea: Recorded outflows of -$510m yesterday, bringing the 5-day total to -$1.126b. YTD flows remain positive at +$7.158b. The 5-day average is -$225m, worse than the 20-day average of -$170m but better than the 100-day average of -$64m.
• Taiwan: Experienced outflows of -$105m yesterday, totaling -$287m over the past 5 days. YTD flows are negative at -$10.971b. The 5-day average is -$57m, worse than the 20-day average of $51m and the 100-day average of -$132m.
• India: Saw outflows of -$261m yesterday, with a total outflow of -$1.554b over the past 5 days. YTD inflows stand at +$605m. The 5-day average is -$311m, worse than the 20-day average of -$490m and the 100-day average was +$40m.
• Indonesia: Posted outflows of -$22m yesterday, bringing the 5-day total to -$211m. YTD flows remain positive at +$2.530b. The 5-day average is -$40m, slightly better than the 20-day average of -$32m and the 100-day average was +$30m.
• Thailand: Recorded outflows of -$13m yesterday, totaling -$215m over the past 5 days. YTD flows are negative at -$3.426b. The 5-day average is -$43m, the 20-day average is -$40m and the 100-day average was -$11m.
• Philippines: Saw outflows of -$22m yesterday, with net outflows of -$49m over the past 5 days. YTD flows are positive at +$44m. The 5-day average is -$10m, the 20-day average is +$1m and the 100-day average of +$5m.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.