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Given the impact of the these elections - I figured I would list a few more elections in the next few months that we should pay attention to for our Country ETFs. Probably have to click that to read it well.
The Dollar
The Dollar is below important monthly support right now.
The Scoreboard
The US is now beating 6 countries on the year but up less than 2% with 21 countries up over 20% on the year…
Interesting Data
Mexico - EWW 0.00%↑
This could hurt…
Canada - EWC 0.00%↑
Solid beat in Canada…but worth noting that final domestic demand was weak.
Sweden - EWD 0.00%↑
Less good in Sweden…
Australia - EWA 0.00%↑
Dang!
Indonesia - IDX 0.00%↑
Inflation in Indonesia is now at 1.6% (WAY under expectations and MoM was negative .4%) with the policy rate at 5.5%. Plenty of room to cut. I have been warning for probably a year at this point that imported Chinese deflation would become an important macro driver for EM.
Italy - EWI 0.00%↑
Another new low for the unemployment rate in Italy.
Interesting News
Canada - EWC 0.00%↑
Argentina - ARGT 0.00%↑
Brazil - EWZ 0.00%↑
South Africa - EZA 0.00%↑
Interesting Charts
Japan - EWJ 0.00%↑
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