People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?”

People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?”

$XAU, $GLD, $USD, $EUR Russia’s central bank gold reserves are now valued at more than $100-B Emerging markets have been adding gold holdings regardless the prices are near their highest marks in more than 6 years, as countries such as Russia and China diversify their Fx reserves, this is a trend that is likely to […]

Time to Buy Risk as US-China Trade Dispute Resolves

Time to Buy Risk as US-China Trade Dispute Resolves

$DIA, $SPY, $QQQ, $RUTX, $GLD, $SLV, $USO, $SOY FLASH: It is absolutely the time to buy risk. Saturday, positive developments in trade talks between the world’s 2 largest economies should boost riskier assets, as extended US-China negotiations are ‘positive’ for risk assets. They will lead to a weaker USD, supporting Crude Oil prices and Gold […]

Emerging Market Stocks’ Dive to 17 Month Lows

Emerging Market Stocks’ Dive to 17 Month Lows

Emerging Market Stocks’ Dive to 17 Month Lows Emerging market asset prices have been hit hard this year. The deep dive  in emerging market stocks YTD is attracting some US fund managers who think they may find long-term bargains in the sell-off. Portfolio managers have been adding emerging markets stocks to their portfolios in the […]

The World’s Central Bank’s Demand for Gold at 3-year Highs

The World’s Central Bank’s Demand for Gold at 3-year Highs

The World’s Central Bank’s Demand for Gold at 3-year Highs $GLD, $GBP, $EUR, $CNY The world’s Central banks’ demand for gold reached a three year high, rising 8% during 1-H of Y  2018 compared to the same frame last year, according to a World Gold Council (WGC) market update on central bank buying activity released […]

Emerging Market Rout Approaching Bottom

Emerging Market Rout Approaching Bottom

Emerging Market Rout Approaching Bottom $USD, $AUD, $NZD Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, but says that there are still countries like the Philippines that will suffer. Given the uncertainty, the money manager is keeping a net neutral USD position, while making trades including shorting the Philippine […]

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth

Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]

Forex Traders Overwhelm Emerging Markets’ Central Bankers

Forex Traders Overwhelm Emerging Markets’ Central Bankers

Forex Traders Overwhelm Emerging Markets’ Central Bankers $DXY, $OIL, $GLD, $SLV Selloff forces EM central banks to raise interest rates Currencies have struggled to find a floor despite rate moves Central banks in emerging economies are losing the battle with markets as their efforts to shield their currencies struggle for traction, suggesting policy makers have […]

Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen 

Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen 

Saudi Added to MSCI Emerging Markets Index, Huge Cash Inflows Seen MSCI said 32 major Saudi stocks will gain emerging market status Index provider MSCI confirmed that Saudi Arabia will be added to its emerging markets index from June 2019, in a move widely expected to help the Kingdom’s bourse attract greater investment. MSCI said […]

Money Flowing Out of Emerging Market ETFs

Money Flowing Out of Emerging Market ETFs

Money Flowing Out of Emerging Market ETFs In the week ended 16 November $6.6-B flowed out of EM (emerging-market) debt, according to the data, halting 18 consecutive weeks of inflows. In the 2nd full week of November, ETFS (exchange-traded funds) that buy emerging-market securities saw withdrawals around the world worth $1.4-B. While the rising USD […]