PDA

View Full Version : Rising 10y UST yield will crush Emerging Countries



phantom_opera
17-08-13, 15:58
Egypt is the first to go, Turkey, Argentina could be next

India, Brazil, Indonesia, Malaysia are safer but will suffer huge outflow and depreciated currencies while fighting high inflation

The hard truth ... Singapore quitely benefits :ashamed1:

=====

MUMBAI: India's rupee plunged to a new record low against the dollar on Friday and stocks slid 2.66 per cent over fears that foreign capital could flow back to the United States as the American economy improves.

The rupee, one of Asia's worst-performing currencies this year, hit a new low of 62.00 rupees to the greenback, slipping past its previous low of 61.80 rupees on August 6.

princess_morbucks
17-08-13, 16:02
Why will it benefit Singapore?
Hot money flow into US in the west, but in the east, they prefer to flow into Singapore?

mcmlxxvi
17-08-13, 17:11
Why will it benefit Singapore?
Hot money flow into US in the west, but in the east, they prefer to flow into Singapore?

Becoz bric are stealing our business and reducing our competitiveness.

phantom_opera
17-08-13, 17:49
another hard truth: if US consumers do not consume again, all ships will sink as QE antigravity is stopping.. but the EM ship is the 1st

lucky MoM raised EP pay, otherwise flood of troops will come n rob singkies of jobs

princess_morbucks
17-08-13, 18:26
Becoz bric are stealing our business and reducing our competitiveness.

But bro ghost say BRIC will suffer huge outflow...is the outflow to us?

k00L
17-08-13, 21:11
A lot of smart money is betting on QE tapering as soon as next month.
So just imagine what will happen to MYR where 40% of malaysia gov bonds are owned by foreign funds?
Stay short EM, long USD

hyenergix
17-08-13, 23:40
A lot of smart money is betting on QE tapering as soon as next month.
So just imagine what will happen to MYR where 40% of malaysia gov bonds are owned by foreign funds?
Stay short EM, long USD

Singaporeans will just buy up more MYR.