On US Election Day, Asia Mostly In Green, Europe Mixed, Dollar Softens - Global Markets Today While US Slept
Traders reduce bets on Trump trades as emerging market assets rise.
As traders reduce their bets on Trump's victory, emerging assets surge significantly.
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.
HSBC: In 2024, the issuance of bonds in EMEA emerging markets is expected to reach a record high.
jpmorgan expects that although the November US presidential election and escalating tensions in the Middle East may cause market volatility, this year the bond issuance volume in the emerging markets of Europe, the Middle East, and Africa (EMEA) will reach a record high.
Global Stocks May Travel up 6% Through 2025 With the U.S. Dodging a Hard Landing: UBS
VWO ETF Gains 3.5%