China remains the main story in the emerging market space given a continuation of outperformance that other countries have been unable to keep up with in recent weeks. South Africa is worth keeping an eye on, but for now, no other leaders have emerged.
Today’s global selling has been brutal on all the international ETFs we track, but with the losses weighing especially heavily on funds that focus on the euro zone, some traders may wonder whether there’s a value opportunity here.
Other emerging countries may be printing money to stimulate their economies and weaken their currencies, but Turkey is a winner right now for refusing to race to let its exchange rate race to the bottom.
Malaysia is one of the most resilient economies of Asia, if not the world. But while centrally planned stability makes the Kuala Lumpur market attractive in times of regional uncertainty, U.S. traders have limited ways to get direct exposure.
The relatively vast BRIC markets of Brazil, Russia, India and China are all still dragging on overall emerging markets performance. But as their counterparts elsewhere around the world start looking vulnerable, the BRICs may be ready to lead the next move.
Welcome to the first emerging markets heat map of the new quarter. Global markets have started off to the upside as traders continue their hunt for bargains after last week’s selling. Nearly all the big boxes are in the green with LFC 1.36%, FMX 1.29% and SAP 0.67% displaying notable strength on the Emerging Stock index.
The strategic question of emerging versus developed markets is always central to any global investor. As the euro zone’s woes have demonstrated, this has become a lot more complex than a simple “risk on” versus “risk off” binary call.
The Japanese Trade Ministry has reported that retail sales rose an unexpected 3.5% in February compared to a year earlier, in a welcome sign that consumer confidence is improving.