JEMTF News and Press, iPath GEMS Index ETN From 04/18/24

2024-04-18 08:15:00 ET Summary Emerging markets debt performed well in the first quarter of 2024, and we anticipate more of the same in the next quarter. We continue to believe that there are attractive opportunities for investors to increase exposure to long-duration securities t...

2024-04-18 07:45:00 ET Summary Amid all-time highs for gold and sticky inflation, we turn our eye to the concerning fiscal outlook for 2025. At the end of 2023, we suggested that the three major macro factors - monetary policy, government spending and global economic growth - woul...

2024-04-15 08:20:00 ET Summary Investors continue to wait for clear signals as to the timing and extent of interest rate cuts. After last year’s significant progress on prices, inflation remains elevated and slow in its path toward target levels. Although the timing rem...

2024-04-12 06:15:00 ET Summary The continued robust US jobs growth and above-trend growth allow the Federal Reserve to remain focused on inflation. Fed Chair Powell has drawn attention to the core services excluding housing, and it rose at around an 8% annualized pace in Q1. F...

2024-04-11 08:05:00 ET Summary The market appears to be catching its proverbial breath today, but the shallow consolidation suggests the moves are not over. The dollar has reached nearly JPY153.30, and although Japanese officials cautioned about the FX moves, intervention while Pr...

2024-04-10 12:00:00 ET Summary Owners’ equivalent rent has been noisy over 1Q, however, other leading inflation indicators suggest there’s OER improvement to come in 2Q. This is supportive of a continued downward trend in inflation. Unemployment claims remain low by ...

2024-04-10 07:00:00 ET Summary Given the backup of US rates and the stronger-than-expected jobs growth, the greenback's performance has been unimpressive. The Hang Seng (1.85%) and the mainland companies that trade there (2.06%) led the region. Benchmark 10-year yields are mos...

2024-04-09 08:15:00 ET Summary The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. Most of the large Asia Pacific equity markets rallied, led by a 1.85% gain in Taiwan and a 1.1% advance by the Nikkei. The dollar's high against the yen ...

2024-04-08 08:00:00 ET Summary The jump in US rates after the employment report failed to ignite a sustained rally in the dollar and this has shaken the market's near-term confidence. Japan's labor earnings rose by 1.8% year-over-year in February after the 2.0% pace in January was...

2024-04-05 07:40:00 ET Summary It seemed that it was the dramatic reversal in US equities that helped drag global shares down today, that forced US rates lower. Asia Pacific equities tumbled, led by more than 1% losses in Japan and South Korea. The 10-year Treasury yield is up...