You could say gold miners struck gold in 2016. The group, as measured by the NYSE Arca Gold Miners Index, finished the year up an amazing 55%, handily beating all other asset classes.
The dollar was set for its best week in a year on Friday, extending gains against the yuan and Mexican peso on concerns emerging markets could suffer most if President-elect Donald Trump turns his protectionist rhetoric into actions.
U.S. futures are pointing higher on Monday, on course for similar gains to what we’re seeing in Europe where indices are threatening to or have broken above recent trading highs, in what could be a bullish sign for equity markets.
