Market Talk – July 20, 2022 | Armstrong Economics armstrongeconomics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from armstrongeconomics.com Daily Mail and Mail on Sunday newspapers.
ASIA: Overseas investors disposed of a combined net total of $5.08 billion in Indonesian, Thai, Malaysian, South Korean, and Indian bonds last month, marking the biggest monthly outflow since March, regulatory data and bond market associations showed. The emerging Asia bonds were hit by a surge in U.S. yields and a jump in the U.S.
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 315.82 points or -1.20% to 26,107.65 Shanghai decreased 48.68 points or -1.43% to 3,355.35 Hang Seng decreased 266.41 points or -1.22% to 21,586.66 ASX 200 decreased 34.80 points or -0.52% to 6,594.50 Kospi decreased 49.77
ASIA: A shortage of cash dollars and forward market intervention by the Reserve Bank of India which has pushed onshore 1-year forward premiums to their lowest levels in more than a decade could pressure the rupee to new lows, traders and analysts said. The one-year annualized forward premium stood at 2.91% at 0830
ASIA: The UAE has placed a ban on the export and re-export of all varieties of wheat from India for four months. The resolution applies to all varieties of wheat and wheat flour, which were imported into the country before 13, May 2022, the ministry of economy said in a statement issued on Wednesday. The