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Friday, 27 April 2018

Higher oil prices could be a game changer for Asia’s trade-gap trio

Higher oil prices could be a game changer for Asia’s trade-gap trio

27 April 2018, Singapore/Hong Kong — Asia’s most externally vulnerable economies – India, Indonesia and the Philippines – have just taken a one-two punch. U.S. 10-year Treasury bond yields US10YT=RR hit 3 percent this week, a level long touted as one to watch for potential portfolio outflows from the region, where interest rates have barely …

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