CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 03/03/22

Major European currencies, but the Swiss franc, and emerging market currencies are bearing the brunt. Japan's final PMI service and composite readings were revised up but remain in contraction territory and more pronounced than in January. MSCI and FTSE are dropping Russian stocks...

There is much talk about how the sanctions being imposed on Russia will hasten the demise of the dollar's role in the world economy, but today the dollar rides high. The four large economies in the euro area reported higher February CPI than expected. The Fed funds market has gone...

Emerging markets debt is an under-researched and under-owned asset class, creating the potential for returns and diversification. Historically, emerging market debt sovereigns have defaulted about 1%, frontier markets about 1.5%, and median recovery values have been north of 50 cents ...

The financial and economic chokehold on Russia continued to tighten as many corporations seek to reduce ties. The German and French preliminary February manufacturing PMIs were revised lower in the final reading, but Italy and Spain showed an unexpected increase. The US dollar spi...

Bold new sanctions on Russia and more weapons for Ukraine were announced over the weekend. Russia responded by raising the readiness of its nuclear forces. As a result, the risk-on seen ahead of the weekend has been reversed. The Australian dollar has been confined to its pre-weekend ...

Most bourses in the Asia-Pacific region were off 2-3%, while the Stoxx 600 in Europe gapped lower and is off around 3.5% in late morning dealings. It is at the lowest level since May last year. US futures are sharply lower, and the S&P 50 is set to extend its losing streak for a f...

In 2022, we have extreme uncertainty around the fundamental economic environment, the policy response, inflation and the response of policymakers. Although we are cautiously optimistic on the inflationary trajectory, when you look at the relatively low rate environment still, you ...

Emerging markets high yield sovereign bonds have had a difficult few months. Countries that were reluctant to take International Monetary Fund support are now seeking it. We believe weak market sentiment has priced countries closer to worst-case scenarios. For further detail...

Global equities fell, and bond yields have edged lower. The large equity markets in the Asia-Pacific region were off more than 1%. Europe's Stoxx 600 gapped lower and subsequently filled the gap, and is trying to snap a three-day slide. S&P futures have recouped most of their ...

To help address investor concerns about Russia-Ukraine tensions, our Portfolio Managers examine the impact on their respective asset classes and potential allocation changes. We believe sanctions initially will focus on Russia’s top security personnel and companies directly inv...