CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 10/27/22

Summary The greenback is trading with a firmer bias against the G10 currencies. EM currencies are more mixed, with several Asian currencies leading the advance (South Korea, Taiwan, and the Philippines). Central European currencies are posting 0.6-0.8% losses, as is the Chinese yu...

Summary Most of the major currencies seem to be consolidating. The Chinese yuan approached the 2% band today, and its loss of about 0.65% makes it the weakest among the EM currencies. Asia-Pacific equities were mixed. Chinese stocks pared earlier losses as foreign buying via t...

Summary Despite initial success, the dollar is back near JPY149.50 as the North American session is about to begin. The end of the Chinese Congress has seen the yuan weaken to new lows. While the large bourses in the Asia-Pacific region rose, China and Hong Kong were notable e...

Summary The continued surge in US rates and the inability of the equity market to sustain gains saw the post-Truss sterling rally unwind amid a broader recovery of the dollar. Capital went on strike and the dramatic jump in rates resulted in collateral damage to the levered strate...

Summary China, Hong Kong, Taiwan, and the South Korean markets are among the large Asia-Pacific markets unable to gain in the wake of a solid performance in the US. Europe is also struggling to maintain the upside momentum that has lifted the STOXX 600 for the past four sessions, ...

Summary Financial markets have entered a period of head-spinning volatility. Consumer inflation remains at record highs across major developed economies. Higher yields will bring new income-generating opportunities and significant shifts in risk-return assessments. ...

Summary US futures point to the possibility of a gap-higher opening today. Most of the large Asia-Pacific bourses rallied 1-2%, with China’s CSI a notable exception, slipping fractionally. Europe’s STOXX 600 is edging higher and is near two-week highs. If the gai...

Summary China, Hong Kong, South Korea, and Indian bourses advanced. Mainland China shares edged higher even though Zhengzhou was locked down due to Covid. Europe’s STOXX 600 is up nearly 0.5% to extend its recovery into a third session. US futures are trading a little more ...

Summary Asia-Pacific equities lost ground, but Europe’s STOXX 600 is trying to snap a six-day decline. US equity futures are firm. The US dollar is trading with a heavier bias. Among EM currencies, central Europe is faring better than Asia. Overview Th...

Summary For the most part, 2022 has unfolded largely on script, with inflation proving stubborn and the Federal Reserve seeking to cut off the spigot. Despite the general monetary trend toward stiff tightening on a global basis, individual countries continue to initiate moves to s...