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BofA Dive Into Asia EM Seasonals Into Year End

EMERGING MARKETS

Bank of America note that “year-end is approaching, and investors are concerned that the recent rally in EM Asia FX and rates is stalling. An analysis of seasonality shows that December is one of the most favourable months for Asia FX. This is especially so for KRW, SGD, and CNY. In EM local debt returns, December seasonals are favourable for Indonesia, India, and Malaysia.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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