Emerging markets could slip into financial and economic crisis over the next 1-3 years amid frequent US interest rate increases, the Federation of Thai Capital Market Organizations (Fetco) said on Wednesday, warning investors to exercise caution as risks emerge.
Fetco's Investor Confidence Index stands at 116.59 for the next three months, up 12.2% from the previous index. The index remains in the "neutral" threshold, with the banking sector the most attractive to investors during this period.
