European stock indexes are seeing increased external finance participation, with cross-border portfolio investments rising 8% in May. This trend could sustain the DAX above 18,900, contingent on ECB policy stability. THE PHILIPPINES’ net external liability rose by 5.4% as of March from the quarter prior, the Bangko Sentral ng Pilipinas (BSP) said. Egypt's non-oil private sector contracts modestly in September, PMI shows MSCI EM index may rally 5–7% on sustained liquidity injections.
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