Why Lower Fiscal Deficits Are Causing a Dearth in Bonds
All major countries have reined in their deficits in the last six years. A fiscal deficit usually means the government has to issue bonds in order to bridge the gap.
The inflation rate in Singapore fell by 0.7% on an annual basis in June after a 1.6% drop in May and estimated forecasts of a contraction of 1.1%.
The trade surplus for Japan increased to 692.8 billion yen for June—compared to a deficit of 60.9 billion yen in the same month last year.
Latin American markets were trading lower on July 25—taking cues from a fall in commodity prices globally. Crude prices were seen falling by 2.4% on Monday.
The overall Ifo business climate suffered a setback in July. Looking at the sector-based performance, the construction and retail sector saw a rise.
Both Russia (RSX) and Brazil (EWZ) are experiencing cost-push inflation. Both economies are highly dependent on commodities.
The EMQQ ETF’s (EMQQ) portfolio includes some of the prominent names in the emerging market industry.
In order to gain from the emerging market e-commerce boom, investors can consider exposure to the Emerging Markets Internet & Ecommerce ETF (EMQQ).
As the middle class expands and discretionary incomes rise, the impact of the web and mobile technologies are felt more strongly in emerging markets.
Emerging market economies (EEM) have followed diverse trends that are likely to drive global growth in the coming decades.
Since its inception in November 2014, EMQQ has performed reasonably well. In its first full year of operations in 2015, the ETF gained 4.9%.
The iShares MSCI Emerging Markets ETF (EEM) clearly attracted the largest capital inflows last week.
The iShares Core S&P Total U.S. Stock Market ETF (ITOT) saw by far the largest inflows within our ETF universe last week.
GICS sector ETF flows largely confirmed investor risk aversion and the increasing selectivity that we discussed in Part 1 of this series.
Risk-hungry investors turned into selective optimists last week. This statement may come as a surprise, considering the persistent rise in US equities.
The MNI China business sentiment index rose to 55.5 in July—compared to 54.5 in the previous month. It released at the highest level since October 2015.
The composite PMI for the Eurozone released at 52.9 in July—compared to 53.1 in the previous month and above market expectations of a decline to 52.5.
The G20 finance heads ended a two-day meeting in China on July 24, 2016. As expected, the Brexit vote was the main discussion at the two-day summit.
In terms of the major macro data release from the United States (VOO) (QQQ), it would be the FOMC monetary policy release on July 27. 2016.
The United Kingdom’s (“U.K.”) decision on June 23 defied market expectations in passing the “Brexit” referendum to leave the European Union (or EU).