Futures & FX

Today’s Emerging Money Audio Call has Been Released

Emerging Money Daily Audio Call July 20 - Global markets remain constructive but are near heavy technical resistance across Europe and the US. For EM equities the path higher has been challenging and remains so today with another leg of underperformance this AM as local markets in Latam,...

Today’s Emerging Money Audio Call has Been Released

Emerging Money Daily Audio Call July 21 - Global markets look tired and EM markets want to catch a “baby bid”. 
All of this comes as a result of overbought markets and oversold commodities and selected FX markets.  Short term tactical ways to play these moves are on the site today. 
Is China...

Dalio on China

There is a front page Wall Street Journal article today outlining how Ray Dalio of Bridgewater Associates is changing his view on Chinese investments.  Dalio and his team until recently have been proponents of investing selectively across China. 
Ray Dalio is arguably the most successful hedge...

Today’s Emerging Money Audio Call has Been Released

Emerging Money Daily Audio Call July 23 - Global markets pulling back from levels set a couple days ago and earnings not sending a message of increased demand and top line growth from key bellwether names. 
Dollar weakness today is not yielding a great bounce in commodities,  Watch this...

Gold Higher Today – Time To Buy?

Gold bugs finally found the strength to push gold slightly higher after 10 days of free fall this morning.

But is it time to buy gold? A question I’ve been asked all month.
Gold (GLD, quote) prices have been under pressure for several months now as commodity traders speculate whether the Fed...

Today’s Emerging Money Audio Call has Been Released

Emerging Money Daily Audio Call  July 24 - Weaker macro and commodity prices become a self-fulfilling backdrop for global equites who are limping into the weekend.
EM underperformance continues and is rooted in major currency weakness despite the Dollar appearing more benign on the DXY.
Bond...

Today’s Emerging Money Audio Call has Been Released

Emerging Money Daily Audio Call July 27 - Focus squarely on China where markets take their biggest move since February of 2007 down -8.5% after a relatively calm morning session word leaked that China was pulling back on their market support.  US traded Chinese ADRs will be collateral damage...

China’s Single Day Drop of 8.48% Sparks Investigation

China’s Shanghai Composite Index dropped like a rock by 8.48% Monday and continued into Tuesday with an intraday low of over 5% before closing down 1.68%.
Monday’s single largest drop since February 27, 2007 has prompted China’s (FXI, quote) Securities Regulatory Commission liaison to open an...

Today’s Emerging Money Audio Call has Been Released

Emerging Money Daily Audio Call July 29 - Fed day mean markets are cautious but they are higher and now the question is what you do if you are trading off a nice bounce in the last three sessions. 
Very little on the macro front to change views that markets remain hostage to macro, fed policy...