Contents:
- Index Returns
- Emerging Markets
- Regions
- ETF Fund Flow
- Global Sectors
- Price-to-Book Ratios
- Relative Strength Index
- Trade Picks
Index Returns
It has been a choppy week for global markets. While emerging markets rallied in the wake of the US 2Q GDP miss, the oil-market selloff began to catch up with global markets as the key US$40 level was breached in WTI oil. But the bounce in oil and commodities in general in the past few days has seen markets, particularly commodity-exposed EMs, regaining prior levels. The Olympics opening ceremony is set to take place this evening in Brazil. The improved global environment for EMs and commodity exporters as well as hope that the Olympics may not be a total disaster helped Brazil’s IBOVESPA make a new year-to-date high yesterday.
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