Investing.com - Financial Markets Worldwide

Another Asian Crisis? We Don't Think So‏

ByDanske Markets
Published 08/25/2013, 04:20 AM
Updated 05/14/2017, 06:45 AM
Market Moves Ahead

Development in the US bond market is likely to be a key driver for most markets as it serves as a gauge of Fed tapering expectations. The US announces mostly tier-2 data next week, with durable goods orders and consumer confidence the main releases.

We expect euro flash CPI to show a further decline in inflation to 1.3% in August, from 1.6% in July. This may give some relief to bond markets. German Ifo and euro consumer confidence should see further increases in a sign of strengthening euro area recovery

This is a busy week in Japan, with the release of industrial production and inflation.

Global Macro and Micro Themes

Emerging markets have been in focus over the past week. While developments should be watched closely, we do not expect it to develop into another 'Asian crisis'.

A positive surprise in Chinese PMI gave much-needed support to sentiment and recovery in the US and Europe should eventually feed further into emerging markets growth. Stock markets corrected again on the emerging market crisis and rising US bond yields. While the Fed adds volatility in the short term, we are still bullish in the medium term. We look for the increase in bond yields to come to a halt soon.

Latest comments

Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.