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Forex Flash: Emerging Asia funds reported large outflows - ANZ

FXstreet.com (Barcelona) - Khoon Goh, Senior FX Strategist at ANZ notes that AXJ funds reported total outflows of USD1.0bn, the largest since September 2012.

He notes that AXJ equity funds reported USD1.2bn of outflows and sentiment was weak across the board, with all countries reporting greater outflows/lower inflows. China reported its largest ever weekly equity outflow on our records, totaling USD0.7bn. Further, he sees that Bond inflows eased to USD253m from USD340m a week earlier. Total EM bond inflows remain steady at USD633m. Local currency funds continue to attract greater inflows than hard currency funds; suggesting sentiment toward local currencies remains resilient. Additionally, he notes that global weekly equity inflows fell to just USD271m, its lowest level since Sep 2012. EM funds saw greater outflows, while inflows into DM funds declined.

Forex Flash: Expect this week to build into an ECB crescendo - Deutsche Bank

Jim Reid of Deutsche Bank is expecting this week to start calmly and then build into a crescendo, culminating with the ECB meeting, the final PMI´s/ISm and US NFPs on Friday.
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Forex Flash: Technically, NZD/USD looks set to consolidate - BNZ

Mike Jones of BNZ has taken a technical look at the outlook for NZD/USD and believes that it is likely to consolidate ahead.
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