Sunday, August 09
Emerging-market assets and precious metals are extending a storming start to 2026 as tensions between the US and Europe weigh on the dollar and re-energize diversification flows around the world.The MSCI Emerging Markets Equity Index rose for a second day Friday and notched a fifth straight week of gains — its longest winning streak since May. The gauge is up about 7% this year, outpacing the S&P 500’s roughly 1% advance. Asian technology shares have underpinned the rally, while Latin American equities have led gains, climbing about 1.3% on Friday and nearly 14% so far this year.Risk sentiment got a boost after China’s central bank set the yuan’s daily reference rate stronger than the 7-per-dollar level for the first time in over two years, signaling its tolerance of the curren
U.S. equity funds faced outflows in the week through January 21 as investors reduced risk exposure on concerns about President Donald Trump's tariff threats against European nations over Greenland. Investors pulled a net $5.26 billion from U.S. equity funds, partly reversing the roughly $28.17 billion of net purchases made the previous week. Trump stepped back from the tariff threats against eight European countries on Wednesday and ruled out seizing Greenland by force. U.S. large-cap, small-cap and mid-cap funds recorded net outflows of $12.94 billion, $2.1 billion and $1.21 billion, respectively, in the latest week. Sector funds, meanwhile, logged a net $3.3 billion in weekly inflows, led by financials, metals and mining, and healthcare funds, where investors b
Investors who have been consumed by geopolitical turmoil to start the year may switch focus in the coming week to prospects for artificial intelligence-related profits and the path for interest rates, with a huge crop of earnings reports and a Federal Reserve meeting on tap. U.S. stocks hit a rocky patch this week due to fallout from President Donald Trump's aggressive stance to acquire Greenland, which threatened a new trade war with Europe. Markets initially reeled, with stocks, bond prices and the U.S. dollar all swooning, an unusual occurrence. But major equity indexes rebounded later in the week after Trump backed off tariff threats, suggesting a deal was in sight for Greenland. "It's been a little bit of a short but steep roller-coaster ride over the past several days," said
