South Africa and GAF (which has a large position in South Africa) have been the worst performers over the past week with Retail stocks also a leading decliner. A smattering of Asia, EM, and FX ETFs round out our list of the biggest decliners. On the winning end, oil is down sharply off today’s highs thanks to bearish EIA inventory numbers but is still up notably over the past week. MLPs, a few EM names, and MLPs are also up a decent amount.
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