DXGE News and Press, WisdomTree Germany Hedged Equity Fund From 03/06/22

Emerging Markets are outperforming the rest of the world, due in large part to windfall profits in the commodities-exporting countries of South America and the Middle East. If you want to follow the money, this is a good place to start. Money has been flowing out of tech, consumer dis...

The invasion of Ukraine by the Russian military will cause many European countries to look urgently for new gas supply sources. Geopolitical concern over reliance on Russian gas has driven states like Poland, Lithuania, Estonia, and Finland to pursue supply diversification for many ye...

The JPMorgan Global Manufacturing PMI rose from a 15-month low of 53.2 in January to 53.6 in February. The relative weakness of February's global output growth by historical standards contrasted with a more robust expansion of order books recorded during the month. The reduction i...

The volatility surrounding Russia’s invasion of Ukraine continues to evolve. The absolute worst-case scenario - from both a human and economic cost perspective - would be that the fighting extends past the Ukrainian border. There will be continued economic and political unc...

The peak of central bank tightening expectations has likely passed. Major economies will continue to experience positive growth. Biggest sectoral impacts will likely be in commodity markets. For further details see: Russia's Invasion: 3 Implications For Fixed Income

Safe haven flows have pushed 10Y Bund yields briefly towards 0.12%, but the 10Y US Treasury is already back close to 2% again. Such moves look moderate when compared to other markets and keeping in mind the gravity of the situation. There is a contrast between the ECB turning more cau...

Forecasting macro activity and managing expectations have become substantially more difficult. As the West imposes sanctions on Russia, the potential for a severe supply shock lurks – particularly for oil and natural gas. Macroeconomic risk will rise, perhaps leading to a n...

10Y US Treasuries and Bund currently hover respectively around 16bp and 9bp below their roughly 3-year highs. This does not suggest that the market assigns a high probability to a significant deterioration in the situation in Ukraine, but current levels reflect an unstable path between tw...

High inflation is putting the ECB under pressure to tighten monetary policy. The ECB seems bent on ending net asset purchases this year. The ECB will also have to cope with non-periphery redemptions not necessarily coinciding with the need to intervene in the periphery. For ...

European Central Bank looks a lot closer to normalising or tightening policy. The current energy crisis can hardly be tackled by monetary policy. Higher policy rates should not automatically put pressure on debt sustainability but an end to asset purchases and higher bond yields e...