This edition shows that financial conditions in emerging East Asia have improved since July, leading to declining bond yields, amid moderating inflation and expected interest rate cuts both in advanced economies and the region.
Emerging East Asia's currencies appreciated against the United States dollar and risk premiums narrowed. Regional equity markets gained except in the People's Republic of China and Hong Kong, China, where weak economic performance weighed on equity performance. Emerging East Asia's equity market recorded inflows of $7.6 billion between June and mid-August. Meanwhile, the local currency bond market expanded 2.3% by the end of June compared to the previous quarter, reaching $25.1 trillion.
By:
Asian Development Bank Imprint: Asian Development Bank Dimensions:
Height: 279mm,
Width: 216mm,
Spine: 4mm
Weight: 209g ISBN:9789292708719 ISBN 10: 9292708716 Pages: 60 Publication Date:16 September 2024 Audience:
General/trade
,
ELT Advanced
Format:Paperback Publisher's Status: Active