CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 10/04/22

Summary Rising prices continue to confound expectations that slowing global growth will ease inflation pressures. Financial market turbulence may be here to stay for some time. The ability to rebalance negatively correlated assets helps generate income and potential return whi...

Summary The new regime poses an unavoidable trade-off for central banks: tame inflation by hiking or preserve growth. We see them overtightening rates, so keep risk low. UK gilt yields reached 14-year highs before the Bank of England intervened to halt the selloff. Yields on 10-ye...

Summary Sterling recovered to almost where it was a week ago, while BOE’s hand has help steady the Gilt market. The dollar is mixed, though mostly a little firmer. Among emerging market currencies, central Europe is underperforming. The Chinese yuan rose for a second se...

Summary We believe it is unlikely that Fed Chair Jerome Powell will navigate a pivot to a less-hawkish stance before early in 2023. We expect China to grow at a meager 2%-3% pace in 2022, with the potential for these risks to bleed into 2023, as a slowing developed-market consumer...

Summary Income investors seeking to boost yields often find themselves depending on higher-yielding investments such as bank loans, high-yield bonds and dividend-paying equities. The key to an efficient income portfolio is selecting the most impactful building blocks and assemblin...

Summary The US dollar is mostly consolidating inside yesterday’s range. Sterling is firmer, as are UK Gilts. The market reaction to the UK's mini budget was dramatic, to put it mildly. EM currencies are mixed. The South African rand and South Korean won lead the advance...

Summary Sterling slumped to $1.0350 in early Asian turnover as the market continued to react to the government's "mini-budget". The dollar is broadly higher. All the G10 currencies and most emerging market currencies are lower. Many of the largest Asian equity markets, exc...

Summary The effects of volatility in 2022 have been felt by investors globally — however, there may be opportunities to be selective within emerging markets. Accessing less-volatile stocks in emerging markets through minimum volatility ETFs may be attractive as a way to mai...

Summary Yesterday’s late rally in US shares carried into the Asia Pacific session where all of the large markets advanced. The Riksbank delivered a 100-bp hike today to 1.75%. Most economists had expected a 75 bp move, while the swaps markets saw the risk of a larger move. ...

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 ...