CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 07/27/21

Reports today suggest China is considering a 10-25% tariff on steel exports starting in Q3 to rein in the sector. Interest in the eurozone's money supply figures has waned, perhaps as a result of the ECB's asset purchases and negative interest loans. The US 10-year TIP yield is at...

The dovish ECB's forward guidance and the unexpected rise in weekly US jobless claims to a two-month high sent bond yields tumbling. The US 10-year pulled back from 1.30%, and benchmark yields in the eurozone fell to new 3-4 month lows. New record virus cases in Sydney cast a pall ove...

Growth-oriented asset classes are likely to shine, but not equally. Above-trend growth is a supportive environment of risky assets like equities or credit. On valuation grounds, equities are looking a little cheaper. Geraldine Sundstrom and Erin Browne discuss PIMCO’s views...

On July 5, Deputy Prime Minister Aso explicitly went further than Washington and pledged Japan would come to the aid of Taiwan if it were invaded by China. A week later, Japan's annual security review was published, noting for the first time that stability around Taiwan was a signific...

Vietnam and the US agreed to avoid trade sanctions, though the heavy lifting had already been done. As widely expected, China left its Loan Prime Rate steady at 3.85% for the one-year and 4.65% for the five-year. The dollar fell to two-month lows against the yen yesterday, slightl...

Concerns that the Delta mutation will slow or even reverse the recovery efforts appear to be sapping risk-taking appetites. The surge of the Delta virus and reports of a "Delta plus" mutation gaining ground is emerging as a powerful economic and political factor. The dollar rides ...

When the markets goes on the make a new high and all economically sensitive sectors such as these do not confirm the new high, it is a clear signal the new highs are not being supported by economic fundamentals. We are seeing significant bearish divergences in almost all measures of b...

Strong inflation prints this week have not prevented the long-term US interest rates from tumbling. A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. The pullback in US yields appears to be the main driver of the Japanese...

The Reserve Bank of New Zealand jumped to the front of the queue of central banks adjusting monetary policy by announcing the end of its long-term asset purchases. The US sanctions on China's largest chipmaker and the largest chip buyer have added another dimension to what appears to ...

New record highs in the US S&P 500 and NASDAQ coupled with China allowing Tencent to acquire a search engine helped lift Asia Pacific equities. Gold is holding above $1800 for the first session since June 16. The US reports June CPI figures today. It could be the first slippag...