The 15 Asia-Pacific countries that have signed the new RCEP free-trade agreement are set to enjoy significantly higher growth than the OECD or other emerging countries. Economists at Natixis expect significant international capital flows to these countries and therefore an appreciation of Asian exchange rates against OECD currencies. Key quotes “Growth in Asia (the RCEP countries) will be strong. Over the period 2021-2030, potential growth can be expected to be 4% in Asia, 1% in the OECD and 2% for Latin America + Africa as a whole. This should attract to Asia (the RCEP countries) equity capital and also corporate capital. Thanks to this stronger growth, interest rates should be higher in Asia than in the OECD, which should attract bond capital to Asia.” “If Asian countries (the 15 RCEP countries) are attractive for equity investors, companies and bond investors, then their currencies should be expected to appreciate strongly against the dollar and the euro. This is especially the case as these countries have an external surplus.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Three reasons for sterling’s 150-pip recovery, and why it may reverse Yohay Elam 11 months The 15 Asia-Pacific countries that have signed the new RCEP free-trade agreement are set to enjoy significantly higher growth than the OECD or other emerging countries. Economists at Natixis expect significant international capital flows to these countries and therefore an appreciation of Asian exchange rates against OECD currencies. Key quotes “Growth in Asia (the RCEP countries) will be strong. Over the period 2021-2030, potential growth can be expected to be 4% in Asia, 1% in the OECD and 2% for Latin America + Africa as a whole. This should attract to Asia (the RCEP countries) equity capital and also corporate… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
