Japanese Prime Minister Shinzo Abe presented an update on his economic policy priorities for 2016 and beyond.
One of the big trends in the exchange-traded fund (ETF) industry has been this year’s flow of new money into developed world equity ETFs, both unhedged and currency-hedged. WisdomTree estimates that nearly $100 billion of this year’s $271 billion in ETF industry inflows cascaded into these funds through the end of October
A hawkish post-meeting statement from the Federal Open Market Committee drove the US dollar (DXY) temporarily higher, suppressing gains in many commodities. However, subdued PCE deflators and muted increases in wages took the edge off upward US dollar pressure by the end of the week and barring any surprises, commodities should be able to trade on their own fundamentals