Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Refocus on Economic Data
Gold Futures End Higher Amidst Ongoing Geopolitical Tensions
As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Commodity Roundup: Gold, Oil Futures Set for Weekly Gain as Traders Brace for Trump Policies
Gold's Rally Tested By Overhead Resistance
Gold Price Holds Ground Due to Safe-haven Demand Amid Rising Tensions in Middle East
