The recent Emerging Market rally is built off a combination of fundamental and technical factors.
I am starting to get a lot of questions from investors regarding the sustainability of this rally in Emerging Markets and what can be the drivers for the next leg(s) higher.
New Korea ETF by Horizons: Today my friends at Horizons ETFs Management launched the Korea Kospi 200 ETF (HKOR) which is the first ETF in the USA to give investor’s exposure to the Kospi 200 Index which is arguably the most diversified way to trade Korea.
Welcome to the emerging markets 10 a.m. heat map. Global markets are starting completely in the red on the first day of the last full week in April. Leading the slide in the Emerging Stock index are YNDX -5.55%, INFY -3.71% and IBN -3.12%. Global markets are sliding on fears of global slowdown in the euro zone and in China both regions PMI numbers are suggesting growth is contracting.
Welcome to the emerging markets 10 a.m. heat map. Global markets are starting off strong going into the weekend. Leading the Emerging Stock index are ABV 1.78%, HXM 1.57%, BBD 1.54%, FXM 1.54% with ERJ -2.52% taking hit on a downgrade from Goldman (GS) taking the stock down to a neutral from a buy along with some negative headlines.