Welcome to the 12:30 ET emerging markets heat map. This afternoon we are finding global markets are continuing their climb from Tuesday with BUD 4.35%, STD 4.06%, RIO 2.96% lighting up the Emerging Money Global Index, but MCD is still -2.98% after reporting earnings.Looking at the Emerging Stock index, the heat map indicates traders are still coming to into emerging markets some what aggressively with CBD 4.47%, MPEL 3.49% YNDX 2.85% leading the way in afternoon trade.
Turning to the Emerging ETF index, we continue to find the country ETFs in control with EWS 2.33% (Singapore), RSX 2.17% (Russia) EWY 2.12% (South Korea) lead country funds while the EEM is now in catch up mode, up 1.61% with China now showing up on the heat map with the FXI up 1.85%.
Traders may have already notice how easy it to notice the trend with the country ETFs forming this week through the Emerging Money Heat Maps. We'll look further into over the weekend and hopefully find some exciting opportunities.
The overall trend of the heat maps are suggesting equity markets are maintaining strength in the bottom half of the trading session.
Check back at 2:30 ET to see how the maps shape up.
What do these pictures represent? More information here .
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