As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.

Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.

wallstreetcnJan 3 20:51

The Top Risky Buy-rated ETFs: FXI, XLI, SPY

Seeking AlphaDec 27, 2024 01:17

IShares MSCI Singapore ETF Declares $0.5841 Dividend

Seeking AlphaDec 20, 2024 03:27

The Most Overbought and Oversold Equities Around the World

Seeking AlphaNov 16, 2024 03:45

Trump's 2.0 policy supports the strength of the dollar, while emerging markets face a double blow in both stocks and currency.

The MSCI emerging markets stocks index fell by 0.8% at one point, marking its fourth consecutive day of decline, setting the longest losing streak in three weeks.

Zhitong FinanceNov 13, 2024 19:10

Global money market funds have attracted over $20 billion in inflows for three consecutive weeks, while demand for stock funds has cooled down.

Global currency market funds have attracted inflows for the third consecutive week.

Zhitong FinanceOct 11, 2024 21:39