Deutsche Bank Considers Emerging Asian Bond Purchases if Oil Holds Around $65-70

According to Jin10 Data on July 9, Deutsche Bank's private client unit is considering purchases of emerging Asian bonds if crude oil prices maintain around $65-70 per barrel for approximately two months, to help suppress inflation and compress yields. Jacky Tang, the bank's Chief Investment Officer for emerging markets, stated that stable oil prices at this level would increase confidence in Asian economies like Indonesia and India, which are most sensitive to energy cost increases. Tang added that sustained traffic through the Strait of Hormuz would further support renewed attention to emerging market bonds.
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