Goldman On OPEC & Oil Risk In 2017

With no blockbuster announcement from day two of OPEC discussions in Doha – energy bigwigs from Iran and Iraq were absent – Goldman Sachs expects downside risk for oil prices.

The United States Oil Fund (USO) rose 5.6% this week. Read More>>

Goldman: 10 Emerging Markets Themes For 2017

Goldman Sachs thinks that while emerging markets are shaken, there is room for optimism next year.

Two big factors in its list of 10 trends to watch for in EM: the expectation that the price of oil will average $50 per barrel, and China’s economy will remain stable. Read More>>

What A Week: Emerging Market Stock Funds Socked By Trump Election

In the week following the stunning victory for potentially protectionist president-elect Donald Trump, investors yanked money from emerging market equity funds.

The iShares MSCI Emerging Markets exchange-traded fund (EEM) is down 7% since the election. Read More>>

Why One Vietnam Stock Puts ETFs At Risk

The market value of a Vietnamese construction company controlled by one of the nation’s wealthiest people has mushroomed since its September IPO, and some are questioning the math and the broader market risk.

What does that mean for exchange-traded funds invested in Vietnam indexes? Read More>>

Mexico Hikes Interest Rate, What’s Next For Peso?

The central bank of Mexico increased its policy interest rate late Thursday by 50 basis points to 5.25% and the Mexican peso was stronger but Mexican equities were weaker early Friday.

What’s next depends on what president-elect Donald Trump and the U.S. Federal Reserve say and do in December. Nomura Securities parsed the Banxico statement and offers insights. Read More>>

Philippines 7.1% 3Q Growth Comes With Outsourcing Risk

The iShares MSCI Philippines ETF (EPHE) is up nearly 1% today after the Philippines reported third quarter GDP growth of 7.1% that topped expectations.

HSBC sees risk ahead with president-elect Donald Trump possibly instituting protectionist policies. Read More>>

OPEC Doha Meetings Day 1: Hope For Oil Prices

Despite statements of optimism, the reality from today’s meeting of oil ministers in Doha is this: the Nigerian, Iranian and Iraqi oil ministers are absent.

Oil prices were slightly higher today, and the United States Oil Fund (USO) was up 0.6% . Read More>>

Saudi Arabia Interest Rate Decline A Positive Sign, Moody’s Says

Saudi Arabia’s benchmark interest rates are falling, reversing months of increases, and the trend is positive for bank funding costs.

But Moody’s Investor’s Services says net interest margins are not affected. Read More>>

3 Stock Picks As Copper & Metals Prices Soar

Profit margins are crucial to metals mining companies, and they  have ripped ahead in recent months after bottoming a year ago.

AB analysts make the case for China demand, and explain what stocks have upside if copper prices continue to rise. Read More>>

Yellen To Trump: Political Central Banks Mean Bad Outcomes

U.S. Fed Chair Janet Yellen is speaking this morning and the questions just now were focused indirectly on the possibility that the administration of president-elect Donald Trump could undermine the independence and credibility of  the central bank policy.

For details, and an explanation of central bank independence from Pimco, Read More>>