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Asia: Challenging times - TDS

According to Mitul Kotecha, senior emerging markets strategist at TD Securities, 2018 has been a challenging year for Asian assets and thinks 2019 will not be any better for some, but will be for others.

Key Quotes

“A host of factors including higher US rates, tightening USD liquidity, strong USD and trade concerns, have weighed heavily, but the picture is changing.”

“We expect challenges to remain as global central banks become less accommodative against the background of slowing growth, although a less aggressive Fed may help.”

 

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