Good afternoon Emerging Money readers. Tune in as I recap key events from the week, evaluate current Emerging Markets along with commodities and which one commodity I’d own. I’ll also cover Emerging Market currencies and review how the Fed is affecting the FOREX market.
War games continue in Europe. The German DAX Index is -2%. Copper is having worst day in 2 years (-3.1%) with some blame to China credit, and yet US markets remain ho-hum. Vol charts are eerily divergent. PAY ATTENTION. What does Europe know that we don’t?
Despite all the doom and gloom in Emerging Markets and the trends on performance relative to G3 markets EM-Asia has outperformed
Ethanol prices in Brazil are at their highest levels since August of the 2013 and demand for ethanol from the US is driving greater interest in Brazil’s
Putin’s Q&A arranged for Russian media Putin’s dacha outside of Moscow was 90 minutes and a platform from which he gave his views on Ukraine and regional issues.
Impact on Starbucks? Reminding what we said a couple weeks back when this spike was catching attention.
MICEX FUTURES LIMIT DOWN: As we indicated last night market would open down 10% but then margin calls would settle in.
Join Tim this Sunday afternoon for an update on Russia and Ukraine. Tune in for an update on Tim’s views after speaking with contacts in Russia and traders around the world. What’s the impact and how are traders positioning themselves for Monday’s open and how is all the turmoil affecting the Russian economy.