So much for China (FXI, quote) leading a plunge in copper (JJC, quote) prices as inventories tied to collateral for loans were being dumped. Industrial growth globally is near multi-year highs across Europe US and much of Asia.
Emerging Money Daily Audio Call Preview June 27 – Emerging markets outperforming slightly but after a four to five-day consolidation on spread developed markets rebuilding a base here on the call today we get into Latin America picks in Peru and Chile at the expense of Brazil on relative value.
yesterday, we got fresh inflation data from the Fed, so the world wants to know, “Hey USA, do you have inflation?”
Emerging Money Daily Audio Call Preview for Thursday June 26 – On the call today we are talking about price ranges for the emerging market index.
Microsoft China (FXI, quote) has officially reinstated its chat robot otherwise known as Xiaobing on the Weibo (WB, quote) platform yesterday. Weibo is an instant message platform that is similar to Twitter (TWTR, quote).
Emerging Money Daily Audio Call Preview June 25 – On the call today we will explore the energy trade, where a pullback yesterday doesn’t necessarily single the end of the trade but there are some components that are long in the tooth
Emerging Money Audio Call Preview June 24 – on today’s call we are talking about yesterday’s PMI’s along with industrial strength and the correlation between cyclical and industrials and the PMIs. If yesterday told us the right story then investors are well under positioned in the space.
Emerging Money Daily Audio Call Preview June 23 – on today’s call we will talk about the PMI surprise out of China last night along with Japan giving some sense that the Asia continues be railing off the Low’s and we’re now it at the highest levels on industrial production in China in six months once again.
A lot of macro data around the world last night into the early morning and while European data missed the mark, China delivered. China continues to deliver and the implications are positive for the commodity space. Meanwhile, the Fed may be asleep at the switch when it comes to inflationary pressures.