Previous close | 1.3700 |
Open | 1.3500 |
Bid | 1.1600 |
Ask | 1.3400 |
Strike | 48.00 |
Expiry date | 2024-12-20 |
Day's range | 1.3400 - 1.4400 |
Contract range | N/A |
Volume | |
Open interest | 38.15k |
As global markets grapple with interest rate uncertainty, RBC BlueBay Asset Management EM Sovereign Strategist Timothy Ash and KraneShares Senior Investment Strategist Anthony Sassine join Market Domination to offer tips for how investors should navigate emerging markets at this time. Ash highlights a positive outlook, stating that there are "a lot of bottom-up stories that are beginning to turn around" globally. He cites emerging markets such as South Africa, Sri Lanka, and Turkey that are experiencing improvements driven by factors like elections, debt reform initiatives, and more. Sassine advocates for investors to maintain exposure to emerging markets, asserting that in the short term, these markets are "well-positioned" to outperform in terms of valuation and growth prospects. However, he acknowledges that the situation varies from country to country. Sassine identifies China as an investment opportunity, citing value "across the board" in areas such as clean energy and healthcare. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith
Emerging markets (EEM, EMXC) are trending down on the first trading day of 2024 as Chinese markets have had one of its worst starts to a year since 2019. Last month, China injected a stimulus of $50 billion into banks hoping to send some momentum into its economy. Yahoo Finance's Jared Blikre joins the Live show to discuss what is going on with Chinese markets and how emerging markets could play out going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
A slew of emerging markets will be holding elections in the coming months. Gemcorp Capital Chief Economist Simon Quijano-Evans tells Yahoo Finance Live that, in general, there are some early "green shoots" from elections in Poland and Ecuador. However, Quijano-Evans says, looking ahead, "it's going to be tough" and that emerging markets are going to be driven by the events in the Middle East. Watch the video above to find out which markets Quijano-Evans thinks have opportunities for investors. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.