EDZ Stock Recent News

Wall Street gave a muted performance last week as the S&P 500 and the Nasdaq snapped the prolonged winning streak.

2023 isn't getting any easier for emerging markets (EM) traders. Downward pressure could continue for the EM space, which opens opportunities for bearish traders.

The market landscape for emerging markets (EM) in 2022 has been skewed towards the downside amid rising global inflation and a stronger dollar. It doesn't look like the pain will be subsiding soon, according to an EM forecast from S&P Global.

Finding opportunities in emerging markets (EM), especially in the current environment, can be like finding a needle in a haystack. Thankfully, South Korea is one of those countries, making the task much easier than anticipated.

With a macroeconomic event like global inflation, it could benefit traders to rely on their notions that what's happening domestically is also hitting other countries abroad.

Emerging Markets have picked up analyst interest this week as markets hunger to build on a mini-rally on the stock market that may or may not have already digested rising rates and recessionary headwinds.

It's been a perfect storm for bearish traders investing in emerging markets (EM). A strong dollar amid rising global inflation has been a major catalyst in helping inverse exchange traded funds (ETFs) like the Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) gain over 100% this year.

The headwinds continue to blow for emerging markets amid a rising dollar and now a more hawkish Federal Reserve after its latest comments on more rate hikes to come. As such, the Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) is up almost 50% for the year.