Emerging markets have become expensive and we have reduced our exposure. One reason is that Japanese interest rates will eventually go. This will have implications because carry trades are likely to be unwound.
If risk aversion goes up there could be profit-taking in the equity markets and that is a major risk.
In Asia, if the US is doing well, exporters will do well.
Once you cross such a psychological mark, you will get pulled back. That is natural.
The fundamentals will support higher (share) prices.
The near-term momentum is clearly favorable to the dollar. Two further rate hikes are a pretty sure thing.
There could be an increase in the risk premium if global interest rates rise. But foreign investors tend to invest their money in India because of a long-term view on the economy and this is unlikely to change suddenly.
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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.