JP Morgan: Upbeat on Emerging Markets, Asian equities

In a briefing on Thursday morning, JP Morgan's Chief Asset Market Strategist, Tai Hui, expressed his view on the Emerging Markets.

Key Highlights:

Remains upbeat on Asian equities, to be supported by stable earnings.

Sees Asian stock valuations as still reasonable.

Expects the US dollar to further depreciate over the next 1-2 years.

Weaker US dollar is to drive funds into emerging markets, supporting equities.