News Snapshot:
Asian economies are more advanced in their pandemic recovery than their Western peers, having demonstrated greater state capacity to manage the crisis Expected US dollar weakness will support Asian and emerging-market currencies while boosting prospects for hard currency Asian bonds Asian economies are more advanced in their pandemic recovery than Western peers. Expected US dollar weakness will support Asian and emerging-market currencies while boosting prospects for hard currency Asian bonds. Asian financial markets could reap the benefits if US President-elect Joe Biden proves more conventional than his predecessor in the White House, potentially triggering a reallocation of global capital to...
