Brazil

Indonesia

Malaysia

Pakistan

S Korea

Stock Returns

0.118496

0.038691

0.140773

0.099914

0.006898

(0.2167)

(0.0006)*

(0.0564)

(0.4895)

(0.8321)

WTI Returns

0.039813

0.050932

0.166028

0.121527

0.103896

(0.387)

(0.1717)

(0.3074)

(0.2933)

(0.8946)

Forex Returns

0.020874

0.161458

−0.03463

1.382328

0.078812

(0.7881)

(0.0339)**

(0.8967)

(0.0921)

(0.568)