Asia-Pacific Markets Set to Open Lower After Trump's Attack on Fed Chair Sends Wall Street Tumbling
The US dollar plummets, Emerging Markets make a strong comeback: the Thai baht and Jilin soar, and the Indian stock market rises for five consecutive days!
After recording the largest weekly increase in six weeks last week, the Emerging Markets Currency Index continued to rise this Monday, with the Thai Baht and Malaysian Ringgit showing strong performance, both increasing by 1% in a single day. Over the past month, the Thai Baht has appreciated by a cumulative 3.2% against the US dollar, marking a significant upward trend. The five-day increase of the India Nifty 50 Index (5.99%) has set the highest record since February 2021.
BlackRock Sees 'Bright Spots' in Global Stocks Amid Narrowing U.S. Outperformance Gap
On Trump's "first day," Emerging Markets faced difficulties, setting several records.
The opening price of the MSCI Emerging Markets Index based on expected PE is 46% lower than the S&P 500 Index, marking the largest gap since Obama's first inauguration in 2009; the average yield of local currency bonds in Emerging Markets is also lower than the yield of USA Treasuries. Analysis indicates that due to USA policy actions, a strong dollar, and high USA interest rates, Emerging Markets stocks are underweighted by investors.
Direxion Daily MSCI Emerging Markets Bull 3X ETF To Go Ex-Dividend On December 23rd, 2024 With 0.12693 USD Dividend Per Share
HSBC: In 2024, the issuance of bonds in EMEA emerging markets is expected to reach a record high.
jpmorgan expects that although the November US presidential election and escalating tensions in the Middle East may cause market volatility, this year the bond issuance volume in the emerging markets of Europe, the Middle East, and Africa (EMEA) will reach a record high.
A storm is quietly brewing, and emerging markets are starting a frenzy of bond issuance.
Borrowers in developing countries are strengthening their defenses against fluctuations.
Whitney Baker on Emerging Market Outlook
Direxion Daily MSCI Emerging Markets Bull 3X Shares Declares Quarterly Distribution of $0.2937
Direxion Daily MSCI Emerging Markets Bull 3X Shares Declares Quarterly Distribution of $0.4679
Debt and Deficit in Emerging Markets
Aegon AM's Grills on EM Markets Outlook
Direxion Daily MSCI Emerging Markets Bull 3X Shares Declares Quarterly Distribution of $0.1425
Emerging Markets Posied for Brighter Outlook in 2024 with Dipping Oil Costs and Fed's Pivot
Direxion Daily MSCI Emerging Markets Bull 3X Shares Declares Quarterly Distribution of $0.2968
Direxion Daily MSCI Emerging Markets Bull 3X Shares Declares Quarterly Distribution of $0.2978
Direxion Daily MSCI Emerging Markets Bull 3X Shares Declares Quarterly Distribution of $0.3391
BDO Wealth Advisors LLC Boosts Holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC)