The Fed conducted three QEs and one Operation Twist and released more than $4 trillion of funds, stabilize the US financial markets after US subprime mortgage crisis during year 2008-2013. The QE policy is not only led to a lot of capital flows to Asia and other emerging markets and the large international funds to emerging Asian markets also has a very significant incentive effect. On October 30, 2014, the Federal Reserve Board announced the end of monetary easing (QE) policy and ending a six-year released funding plan. The research aims at before and after the US QE exiting, how the concept of international capital flows and non-traditional monetary policy impacted on the five ASEAN countries (Indonesia, Malaysia, Thailand, Philippines, Singapore) through the stock market and foreign exchange. The empirical study applies five static Copula functions to calculate the rank correlations between these variables. The results show that there is high rank correlation in the ASEAN countries due to the foreign exchange market and stock market during the QE and After QE exit, associate degree is decreased.