Net foreign purchases of equities are published on a daily basis in five of the eight countries in the MSCI Emerging Markets Asia Index – India, Indonesia, the Philippines, South Korea and Thailand...

The yen’s tentative break of 120 against the dollar in the past week has refocused attention on the currency pair after several months of stability. We continue to expect the yen to weaken...

The Peterson Institute for International Economics (PIIE) is due to publish its latest semi-annual estimates of fundamental equilibrium exchange rates (FEERs) soon. These are likely to suggest that...

We are sceptical that a further sell-off in Treasuries would drive the US stock market down, as some are suggesting. Although we forecast that the 10-year US government bond yield will continue to...