Higher Rates, Rising Commodities Lift Peru ETF
February 16, 2016 at 07:00 AM EST
Finally, some good news for Latin America exchange traded funds. The iShares MSCI All Peru Capped ETF (NYSEArca: EPU) surged 4.6% last Friday after the central bank there raised interest rates. Rising precious metals prices are also contributing to EPU’s recent bullishness. EPU is reflective...