The Commitment of Traders (or COT) report is released by the Commodity Futures Trading Commission (or CFTC) every Friday at 3:00 PM CST.
Chile had been known as the best-managed economy in Latin America—until recently.
The social and economic crisis in Venezuela has resulted in food and medicine shortages, a crippled economy, record high inflation, and falling oil prices.
Trump’s anti-trade rhetoric has caused Mexican officials to consider working toward reducing the country’s reliance on the US.
As the third-largest economy in Latin America, Colombia is expected to recover from its subdued growth of ~2% in 2016—its lowest figure since 2009.
High inflation, a fiscal deficit, and political issues have all crippled economic growth in Argentina.
Peru is one of the fastest-growing economies among emerging markets.
Brazil, the largest economy in Latin America, seems to be showing signs of improvement in 2017.
As the global economy continues to grow at a moderate pace amid geopolitical uncertainties, Latin America has experienced a phenomenal start in 2017,
The US Dollar Index continues to weaken. In the early hours on Tuesday, the US Dollar Index fell and traded at the lowest levels since November 9, 2016.
After losing momentum and pulling back in the last week amid decreased risk appetite, the S&P 500 regained strength and had a positive start this week.
After gaining for seven consecutive trading days, the United Kingdom’s FTSE 100 index continued to trade higher and opened gap up on Monday.
China’s Shanghai Composite Index fell for five consecutive trading weeks. Chinese markets regained strength in the final two trading days last week.
After breaking the losing streak and regaining strength last week, the US dollar is weaker in the early hours on Monday.
After breaking a four-day gaining streak on May 11, NASDAQ regained strength on Friday. NASDAQ was profitable for the fourth consecutive week.
The tech sector has been the best-performing sector year-to-date. The sector has returned 15.1% YTD through May 11, 2017, compared to the S&P 500’s YTD returns of 5.8%.
The equity markets across the US (SPY) (QQQ) are surging with indexes recording all-time highs in 2017.
Currently, the passage of tax reform is playing a significant role in Trump’s agenda in 2017 after some of the setbacks in their reforms.
Market reaction drives the movement of the volatility index (or VIX). The index is currently at low levels despite the uncertainty in Europe (VGK) and President Trump’s policies.
The NASDAQ (COMP-INDEX) recorded its best quarterly performance in 1Q17 since 2013 as tech stocks (XLK) rose more than 10%.