FYI: As oil prices have rallied out of the middle of the week, oil-related ETFs have shown the biggest gains among those we track. Small caps, banks, and value-oriented names have also rallied. South Africa was a major decliner on the week, driven by a huge move lower in South African rand after the country’s President fired the Finance Minister. Chinese equities and other EM were also quite weak as was were developed market currencies versus the dollar.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-hedge-33117/
