[ad_1]
Agencies
Data from the International Financial Institute show that weak global demand and declining manufacturing led to an exodus of $ 1.5 billion from emerging market equities, to the exclusion of China, in July.
Flows to Chinese equity markets reached $ 2.7 billion during the month, while bond market flows to all emerging economies reached $ 23.1 billion.
Prospects for capital inflows into emerging markets outside China remain challenging given the large volume of speculative capital absorbed by these markets in recent years, the institute said.
This comes after equity-related equity inflows improved in June, bringing foreign capital inflows to emerging market equities to $ 40.8 billion, the highest level in the world. five months.
Capital flows to emerging markets decreased in 2018 due to the tightening of the global financial situation and the appreciation of the US dollar, but increased sharply in the first quarter of 2019.
The International Finance Institute (IFC) predicted that portfolio inflows and bonds in emerging markets would be higher in 2019 than in 2018.
IFC collects data to monitor equity and bond portfolio flows, including daily daily cash flows in equities and bonds of 20 major emerging markets.
Short link:
Source link
