AVEM is trading 3.54% higher at $88.91 as cooling U.S. PCE inflation and strong Microsoft earnings fuel a global risk-on rally and heightened rate-cut expectations.
- The move reverses several days of declines, signaling a shift in sentiment toward higher-risk emerging market assets.
- Rising oil prices amid Middle East tensions are providing a secondary boost to the ETF by supporting commodity-linked exporters within the fund.