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Currencies

Asian equities see largest monthly foreign inflow in 15 months

Asian equities attracted strong foreign inflows in May as concerns over an immediate economic hit from higher US tariffs eased, prompting a return by investors who had previously exited large and concentrated positions in the region.The inflows marked a sharp reversal after four consecutive months of net foreign selling.According to data from LSEG, foreign investors bought approximately $10.65 billion worth of equities across India, Taiwan, South Korea, Thailand, Indonesia, Vietnam, and the Philippines, registering their largest monthly net purchase since February 2024.US President Donald Trump’s announcement of reciprocal tariffs in...
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Press Release: GAM Investments Strengthens European Equities Platform with Appointment of Leading Investment Team

GAM European Equity Team Photograph GAM European Equity Team - Tom O'Hara, Jamie Ross and David Barker Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Zurich: 28 May 2025         PRESS RELEASEGAM Investments Strengthens European Equities Platform with Appointment of Leading Investment Team Tom O'Hara, Jamie Ross and David Barker join GAM Investments to manage flagship GAM Star European Equity and...
Currencies

US to impose tariffs in 2-3 weeks as administration “lacks capacity” to negotiate with everyone

Overview: While the US dollar is mostly a little softer today against the G10 currencies, it remains mostly within Wednesday's range. The yen is a notable exception. It made a new high for the week despite the contraction in Q1 25 GDP. Most emerging market currencies are firmer. The markets have not reacted to a statement from President Trump that his administration lacks the capacity to negotiate with all the parties so in the next 2-3 weeks, the US will simply set the tariff rates.Asia Pacific equities ended the week...
Currencies

Asia and Europe did not share North America’s enthusiasm for the Dollar

Overview: There has been little follow-through dollar buying today after its recovery in North America yesterday. The greenback is softer against most of the G10 currencies. The Antipodeans are lagging alongside the Norwegian krone, perhaps weighed down by the sharp drop in oil prices following President Trump's indication and a deal with Iran may be near. Switzerland reported stronger-than-expected Q1 GDP, and the franc is the strongest of the G10 currencies followed by the Japanese yen. Most emerging market currencies are firmer. The handful of exceptions in China, India, Thailand,...