Pre-Trading Thoughts

Cheap valuations, higher yields, faster growth, and the revival of the Chinese economy could make a bull case for EM assets, as per some global investment banks. (Bloomberg) There are signs that demand for fuel could begin to fall as soaring oil and gas prices increase economic pressure on consumers. Foreigners' outstanding balance of T-bills plunged to around USD10 billion in March and USD9.7 billion in April, down from USD24 billion in September 2021. Expedition Investments has submit...