# Southeast Asia braces for emerging-market capital flight - Nikkei Asia

> Rising US rate-hike expectations have pushed capital out of less stable emerging markets, with Turkey and Argentina hit hardest. Southeast Asia, including Thailand, is seen as fairly healthy but exposed to steep dollar debts.

- Date: 2018-05-24 · published 2018-05-24T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/65268-southeast-asia-braces-for-emerging-market-capital-flight-nikkei-asia
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Currency stress in key feed importers can weaken purchasing power and slow buying of US and Brazilian feed ingredients, while a firmer dollar weighs on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- USDARS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-05-08 | [Macroscope \| Emerging market currencies feel the heat as US economy brightens \| South China Morning Post](https://feedsoft.ai/events/65215-macroscope-emerging-market-currencies-feel-the-heat-as-us-economy-brightens.md) | -0.1% | +1.5% |
| DXY | 2016-12-27 | [Beijing desperate to stem tide of capital outflow  - Nikkei Asia](https://feedsoft.ai/events/73703-beijing-desperate-to-stem-tide-of-capital-outflow-nikkei-asia.md) | +0.3% | -1.3% |
| DXY | 2017-03-07 | [Indonesia braces for market shock because of Fed](https://feedsoft.ai/events/72303-indonesia-braces-for-market-shock-because-of-fed.md) | -0.0% | -1.3% |
| DXY | 2021-01-08 | [Treasury Yield Surge Rattles Emerging-Market Currencies in Asia - Infobae](https://feedsoft.ai/events/49393-treasury-yield-surge-rattles-emerging-market-currencies-in-asia-infobae.md) | -0.1% | +0.7% |
| DXY | 2022-04-08 | [No peace for emerging market currencies as mighty US dollar reigns: Poll- Moneycontrol.com](https://feedsoft.ai/events/42145-no-peace-for-emerging-market-currencies-as-mighty-us-dollar-reigns-poll.md) | +0.3% | +3.1% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/economy/southeast-asia-braces-for-emerging-market-capital-flight

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.