Since July 15th, we've had a rally inward the U.S. of A. equities, alongside the S&P 500 Index (SPY) upwards over 4%. Above nosotros tin seat the sack run across the surgical physical care for of markets inward other countries, including Federal Republic of Federal Republic of Germany (EWG); Hong Kong (EWH); Nihon (EWJ); China (FXI); Republic of Republic of India (EPI); Russian Federation (RSX); Brazil (EWZ); Canada (EWC); together with Commonwealth of Australia (EWA).
What nosotros tin seat the sack run across is that the rally has been close robust inward the unloose energy together with resources consuming countries. We've genuinely seen declines since mid July inward the unloose energy together with resources producing nations, every bit commodity markets convey tumbled.
It's a keen example of the linkages amidst global markets, alongside equity returns dominated past times commodity-based inflation themes.
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