Traders just piled the most money since 2016 into a popular emerging-markets fund — and it's a wager that Trump's phase-one trade deal will boost those stocks

exchange-traded fund on January 2, the biggest one-day inflow for the ETF since 2016, according to Bloomberg data.killed a top Iranian general

and ratcheted up tensions between the two nations. The assassination dragged global stocks lower and boosted safe-haven assets like gold as traders fled market volatility. The ETF, which trades under the ticker EEM, fell as much as 1.8% Friday. The fund surged about 2.1% on Thursday, pushed higher by the record investor interest.

Traders are encouraged that the preliminary deal will remove trade-war hurdles for emerging market stocks. Trump recently announced that the deal would be signed at the White House on January 15 and that he would later travel to Beijing„Confidence is growing,“ Mohit Bajaj, director of ETFs for WallachBeth Capital, told Bloomberg. „We are seeing optimism in China from trade deal anticipation.

„If you also look at times when it feels that trade may be resolved, or trade issues may be improved, you notice how sharply emerging markets rally,“ Rashmi Gupta, a money manager at JPMorgan Chase Bank in New York,

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Why stock market traders should be terrified of robots in the next decadeFear the algos over the next decade, says one veteran trader in the stock market. America won't be satisfied until every job is replaced by automation. Enjoy getting a paycheck while it lasts people! Sex robots.
แหล่ง: YahooNews - 🏆 380. / 59 อ่านเพิ่มเติม »

Don't fall prey to the stock market's banner yearThe stock market saw its best annual returns in six years; however, investors should avoid a knee-jerk reaction to shovel more money into stocks. Translation: Trump was lucky, he couldn't possibly make it happen again. Especially when we will be pounding him every dam day! CNBC warned of a sure recession in early 2019, and caused market crash in Dec/2018, but recession never came! At what point are you held accountable for your wrong tweets? But, you said that last year
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

These 7 aerospace and defense stocks are getting a huge boost from Trump's strike on Iran - Business InsiderNew fears of conflict between the US and Iran boosted war-driven industries despite all three major US stock indexes plunging on Friday. Wonder if Trump and his corrupt cronies invested Gee I wonder if the Trump family recently invested in said stocks. $ITA
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »