CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 03/24/23

2023-03-24 08:05:00 ET Summary Bank shares remain under pressure today. The Topix bank index fell 0.75% today to take the weekly loss to 1.5% after a 10.55% drop last week. The STOXX 600 bank index in Europe is off 5.7% today, its biggest loss of the week. It is off 2% this week a...

2023-03-23 08:05:00 ET Summary The dollar remains under pressure following the Federal Reserve's rate hike. The Norwegian krone is the strongest of the G10 currencies today, up more than 1%, spurred by a 25 bp hike and a commitment to do more. Hong Kong rallied 2.3% and its in...

2023-03-21 07:35:00 ET Summary The large markets in the Asia-Pacific traded higher, led by more than a 1% gain in Hong Kong and China's CSI 300. Europe's STOXX 600 is up 1.35%. If sustained, it would be the first back-to-back gain in two and a half weeks. US S&P and Dow fu...

2023-03-20 08:05:00 ET Summary Asia-Pacific equities was a sea of red, led by a 2.65% drop in the Hang Seng and a 2.2% fall in its index of mainland shares. Japan and Australia's indices shed more than 1%. Europe's STOXX 600 is off fractionally, but the bank index is off 2.5%....

2023-03-16 01:24:00 ET Summary The crisis has broader macroeconomic implications and serves as a potent reminder that the banking system, asset markets, and the broader economy are all intrinsically linked via interest rates. Recession risks have increased because of the likelihoo...

2023-03-09 07:40:00 ET Summary The dollar remains firm but mostly consolidating today, ahead of tomorrow's employment report. Some position adjusting ahead of the conclusion of the BOJ's meeting is lifting the yen today, which is the best-performing G10 currency, gaining about 0.8...

2023-03-09 05:45:00 ET Summary Investors in emerging markets (EM) have endured a decade of poor performance. Most EM currencies are relatively cheap today. Attractively valued currencies create favorable conditions for EM countries and companies to overcome the challenges amid...

2023-03-08 07:30:00 ET Summary Fed Chair Powell's comments to the Senate Banking Committee were seen as hawkish by the market. The greenback rallied following the comments. The euro fell through last month's low (~$1.0535), and our $1.0460 target is back into view. Sterling fe...

2023-03-07 07:20:00 ET Summary USD is trading with a firmer bias against nearly all the G10 currencies ahead of Powell's semi-annual testimony before Congress. The Australian dollar is the heaviest of the major currencies, falling around 0.8% to a new low for the year. Most EM...

2023-03-06 07:15:00 ET Summary The modest economic goals announced as China's National People's Congress starts appeared to weigh on Chinese stocks. Other large bourses in the region advanced, led by Japan's Nikkei and South Korea. Europe's STOXX 600 is little changed after ri...