About this work
The July tracker reports a $17.8 billion net portfolio outflow from emerging markets in June: $28.3 billion of debt inflows were outweighed by $46.1 billion of equity withdrawals. Asian equity selling drove the overall result, while Chinese equities also became a drag. Strong sovereign issuance contrasts with the equity weakness. The note identifies a more hawkish Federal Reserve and renewed oil volatility as risks to dollar liquidity and emerging-market investment.
Cite this work
Jonathan Fortun (2026). IIF Capital Flows Tracker: July 2026. Institute of International Finance.