CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 12/09/22

Summary The CSI 300 of mainland shares rose 1% today and almost 3.3% for the week. Japan’s 1% gain today ensured a gain on the week, while the other large regional markets rose today to narrow the weekly loss. Europe’s STOXX 600 is snapping a five-day drop with a modest ga...

Summary Amid the crosscurrents, two themes have prevailed during the post-pandemic years, which lend some perspective to the macroeconomic roadmap ahead: namely, the bipolar swings in macro policy and the forces of economic normalization. After one of the worst years for fixed income as...

Summary The weakness of US shares yesterday is taking a toll today, though Hang Seng and the index of mainland shares that trade there are up on the easing of some Covid protocols. Europe’s STOXX 600 is off for a fifth day, its longest losing streak in nearly two months. US futur...

Summary Hong Kong and the index of mainland shares that are listed there led the regional decline with 3.2-3.3% losses. Europe’s STOXX 600 is off about 0.65% in late morning turnover, the fourth day of losses. US futures are trading with a lower bias as well. The dollar i...

Summary The dollar is sliding anew today, sharply lower (~-1%) against half of the G10 currencies and weaker against most emerging market currencies. US equity futures are extending yesterday’s gains. Europe’s STOXX 600 is struggling to extend its rally into a fo...

Summary Most Asia-Pacific markets fell, while Europe’s STOXX 600 is posting a small gain. US futures are sporting modest losses. The dollar is mostly firmer after last week’s sharp losses. The yen is leading to the downside with about a 1.3% loss, while the C...

Summary Some of the risk-off activity is being linked to new Covid restrictions in some of China's largest cities. Also, the US reports CPI today. Asia-Pacific bourses fell, led by Hong Kong, and Europe’s STOXX 600 is off for a second day. US equity futures are slightly fir...

Summary Japanese, Chinese and Hong Kong shares fell, but strong foreign buying lifted Taiwan’s shares by nearly 2.2% and South Korea’s Kospi rose more than 1%. The STOXX 600 is snapping a three-day advance, and its 0.85% decline is giving back yesterday’s gain...

Summary Emerging market debt investors face headwinds in the last quarter of the year, thanks to monetary tightening, geopolitical tensions, energy crises, and economic weakness in China. But despite the uncertainty, we have a constructive medium-term view. Here we take a look...

Summary Equity markets are mostly firmer, but nearly all the large markets, except China/Hong Kong, are rising in the Asia-Pacific region. Europe’s STOXX 600 is posting small gains, the third session in a row. US futures are firm. The dollar has come back better bid tod...