EMLC News and Press, VanEck Vectors J.P. Morgan EM Local Currency Bond From 03/28/24

2024-03-28 07:44:00 ET Summary Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating, has helped the greenback extend its recent gains. Japanese officials are clearly signaling its willingness to intervene in the fo...

2024-03-27 07:25:00 ET Summary The dollar neared JPY152, setting a new 34-year high and this appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response. Most of the G10 currencies are softer against the dollar but the yen. Most emerging market c...

2024-03-23 08:05:00 ET Summary The Bank of Japan lifted its interest rate target for the first time in 17 years. The Swiss National Bank became the first G10 central bank to cut rates. The PBOC relented and allowed the dollar to rise above the CNY7.20 cap that has held it back...

2024-03-23 03:00:00 ET Summary In the ever-evolving tapestry of geopolitics and economics, the Asia-Pacific region stands at a pivotal juncture. Wei Li, Global Chief Investment Strategist for BlackRock, discusses the intricacies of high inflation, emerging competing geopolitical b...

2024-03-22 13:15:00 ET Summary The VanEck Emerging Markets Bond Fund was up 0.2% in February, in line with its benchmark. We increased exposure to local currency (due to increases in Brazil and the Philippines) and increased duration (via hard-currency bonds), in line with the mar...

2024-03-22 07:10:00 ET Summary The dollar's post-FOMC sell-off has been completely reversed and the greenback has reached new highs for the week against most of the G10 currencies. For the first time since last November, the US dollar has risen above CNY7.20 and continued to rise ...

2024-03-21 07:30:00 ET Summary The Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia before profit-taking emerged. The G10 currencies are mixed ahead of the North American open. Outside of China, the large equity markets in Asia ...

2024-03-20 13:58:01 ET More on Invesco S&P 500 Equal Weight Industrials ETF, WisdomTree U.S. High Yield Corporate Bond Fund, etc. Read the full article on Seeking Alpha For further details see: 7 Key Calls: long US Industrials, long US and Europe HY credit, & More - SG

2024-03-20 12:56:00 ET Summary Pakistan has a cash flow problem. Local currency debt is more of an issue than external debt given its higher debt stock and exposure held by local commercial banks. If local currency debt were to default, local commercial banks could also default, a...

2024-03-20 06:55:00 ET Summary Ahead of the outcome of today's FOMC meeting, no change in policy is expected, but the forward guidance, partly delivered in the updated projections, is the focus. Emerging market currencies are mostly lower. Europe's Stoxx 600 is giving back mos...