Global X FTSE Southeast Asia ETF (ASEA)
ASEA Price and Sentiment
ASEA Latest news
The ASEAN region has shown a strong rebound in manufacturing output during October. As a result of the severe negative impact of the COVID-19 pandemic and widespread lockdowns and travel bans, many ASEAN economies were in deep recession during 2020.
The green push can extrapolate investment gains from Southeast Asia, particularly the Global X FTSE Southeast Asia ETF (ASEA) and the Global X CleanTech ETF (CTEC). “Southeast Asia stands to reap $12.5 trillion in economic gains by 2070 if it takes urgent moves to slow climate change, while inaction could yield losses more than double [.
A lot has been written about the possible impact of rising US Treasury yields on equities and other risk assets. But what about bond markets in Asia?
In the pandemic's aftermath, many countries will have to contend with high public and private debt burdens-possibly too large for some to manage. Many-especially emerging and developing economies-are resorting more to unconventional monetary policies to ease the pressure on banks and borrowers.
Philippine stocks rocketed to a nine-month high after a shock interest rate cut. Gain exposure to the country's stocks with these ETFs.