CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 09/20/22

Summary As the ”invoicing” currency of the world, when the U.S. dollar appreciates, other currencies essentially depreciate. Rising commodity prices can be a boon for emerging economies – including oil exporters Brazil, Mexico and Russia – that rely on ...

Summary Only the Russian rouble and Peruvian sol in the emerging market space gained against the dollar. The euro was turned back from almost $1.02 at the start of the week, and the US CPI drove it below $1.00. Sterling posted a big outside down day on the back of the US CPI a...

Summary The firmer-than-expected US CPI sent off a major reversal of the recent price action. It is a two-pronged issue. The euro extended yesterday's sell-off by 10-15 ticks to almost $0.9955 before finding new bids. The US dollar posted an outside up day against the Canadian...

Summary The greenback’s lows have been set in the European morning and have stretched the intraday momentum indicators. The yen is trading within the pre-weekend ranges. Emerging market currencies are also mostly higher, led by the central European currencies and the So...

Summary A global multi-sector approach can deliver much more than just international diversification. If investors are willing to expand their horizons, in our view, they stand a much better chance of meeting their investment goals. No single fixed-income sector can dominate year ...

Summary Despite a rough first half of 2022, bonds still have an important role to play in your portfolio, offering potential income, diversification, and capital preservation. After adjusting to the Fed’s rate hikes, short-term corporate bonds may now offer potentially high...

Summary While the US dollar appears to be consolidating its recent gains, the Japanese yen and Chinese yuan remain under pressure. Sterling is the second-weakest major currency today after the Japanese yen. Emerging market currencies are mixed. Central European currencies and ...

Summary Since the beginning of 2022, emerging markets fixed-income investors have experienced negative returns as interest rates and credit spreads both moved higher due to several macro factors such as rate hikes, weaker local currencies, and downward GDP growth revisions. Emergi...

Summary Nvidia’s warnings about US curbs on sales to China and the first drop in South Korea’s chip exports in two years, coupled with the largest lockdown in China since Shanghai, encouraged investors to move to the sidelines. The poor EMU CPI report may have been t...

Summary The rise in global interest rates continues. The US 10-year yield is a few basis points near 3.15% and European benchmarks are mostly 5-6 bp higher. The aggregate eurozone inflation figures were worse than expected. The headline rose to 9.1% from 8.9%. However, more troubl...