JEMTF News and Press, iPath GEMS Index ETN From 05/04/24

2024-05-04 11:10:00 ET Summary The US economy's resilience and stickiness of price pressures have led to a reassessment of Fed policy, causing a rise in US interest rates and a stronger dollar. Concerns about US fiscal policy and the stronger dollar have heightened among countries...

2024-05-03 06:50:00 ET Summary The US dollar is trading with a softer bias ahead of the US jobs report, with recent survey data warning of downside risks. The Norwegian krone is the strongest G10 currency after the central bank delivered a hawkish hold on rates. Asian equities...

2024-05-02 07:00:00 ET Summary It appears that with the market challenging Monday's intervention, Japanese officials entered the market shortly after the US equity market closed yesterday, as the Asia Pacific session go underway and sold dollars again. The offshore yuan is trading...

2024-05-01 06:50:00 ET Summary The BOJ projected yesterday that commercial banks' deposits with it likely dropped by JPY7.56 trillion. The dollar gradually edged higher yesterday, and by the end of the North American session, it had recovered more than half of the intervention-ins...

2024-04-28 04:30:00 ET Summary The backing up of US rates did not lift the dollar broadly as it appeared to have done previously. The Bank of Japan had an opportunity to have protested the yen's weakness more adamantly but did not do so. The FOMC meeting concludes a couple of ...

2024-04-22 15:30:00 ET Summary The global economy is now back on a growth trajectory, but there is a potential fiscal crisis to watch for in 2025. US Treasury Credit Default Swaps Show Elevated Deficit Concerns. Global growth should make you rethink your commodity allocation a...

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...