Country ETF Tracker

🚨 GLOBAL MARKETS UNDER PRESSURE AS ENERGY SHOCK INTENSIFIES Energy markets continue to grip global risk sentiment — and fears of a new inflation wave are hammering equities. 📉 Thursday’s worst-performing country ETFs: 🇿🇦 South Africa $EZA: -4.80% 🇵🇪 Peru $EPU: -4.35% 🇹🇭 Thailand $THD: -3.65% 🇨🇭 Switzerland $EWL: -2.82% 🇧🇪 Belgium $EWK: -2.75% 🇸🇪 Sweden $EWD: -2.52% 🇦🇺 Australia $EWA: -2.44% 🇩🇪 Germany $EWG: -2.41% ⚠️ Meanwhile, $SPY 🇺🇸 has now broken below its 200-day moving average — a key technical level. 🎰 Polymarket odds shifting fast: • No rate cuts in 2026 now the base case (34%) • 1 rate HIKE rising (18%) This is no longer just an oil shock. It’s a repricing of the entire macro playbook for 2026. Are we heading back to a 2022-style inflation panic?

@sentdefender The performance divergence between energy importers and exporters is widening sharply.

QatarEnergy’s Ras Laffan Industrial City to the north of Doha, Qatar's main site for the production of liquefied natural gas and gas-to-liquid, as well as the largest export terminal for LNG in the world, has been heavily targeted tonight by ballistic missiles fired by Iran. Extensive damage to the site and several facilities are being reported by QatarEnergy.

@OilandEnergy And for global markets as well.

This carries serious long-term consequences for European and Asian importers.

Norway 🇳🇴 is winning the energy war trade. $ENOR has outperformed South Africa’s 🇿🇦 $EZA by 24 percentage points since the Iran conflict began. Oil exporters vs. oil importers. That’s the trade. 📊🔥 Energy balance is driving global equity dispersion. Data: CountryETFTracker

@qatarenergy $QAT 🇶🇦 ETF is down 7.2% over the past month, despite rising crude and oil prices. This news is going to further hit the country’s energy exports

QatarEnergy Statement on Missile Attacks on Ras Laffan Industrial City QatarEnergy confirms that Ras Laffan Industrial City this evening has been the subject of missile attacks. Emergency response teams were deployed immediately to contain the resulting fires, as extensive damage has been caused. All personnel have been accounted for and no casualties have been reported at this time. QatarEnergy will continue to communicate the latest available information. #Qatar

🇺🇸 Fed holds rates steady — global equities mostly higher. The Federal Reserve kept the policy rate unchanged at 3.50%–3.75% today. Updated projections show: • GDP growth: 2.4% in 2026 (↑ from 2.3%) • PCE inflation: 2.7% in 2026 (↑ from 2.4%) • Fed funds path: ~3.4% median for 2026 Powell: "The implications of developments in the Middle East for the U.S. economy are uncertain. We will remain attentive to risks to both sides of the dual mandate" Markets stayed resilient despite geopolitical risks. 🌍 Top Country ETFs today: 🇵🇱 $EPOL +2.85% 🇹🇭 $THD +2.38% 🇮🇱 $EIS +2.28% 🇦🇪 $UAE +2.23% 🇦🇷 $ARGT +2.17% Lagging markets were mostly Middle East / Asia: 🇨🇳 $GXC −0.68% 🇰🇼 $KWT −0.68% 🇳🇿 $ENZL −0.40% 🇸🇦 $KSA −0.34% 📊 Global breadth remains positive even as inflation projections move higher.

Another green day for global equities — even as oil climbs and the risk of a prolonged Strait of Hormuz disruption lingers. 🌍📈 Out of 43 country ETFs, the vast majority finished higher. Top performers Tuesday: 🇵🇱 Poland $EPOL +2.99% 🇦🇷 Argentina $ARGT +2.70% 🇮🇱 Israel $EIS +2.44% 🇦🇪 UAE $UAE +2.40% 🇹🇭 Thailand $THD +2.28% 🇹🇼 Taiwan $EWT +1.40% 🇮🇹 Italy $EWI +1.35% 🇹🇷 Turkey $TUR +1.31% 🇰🇷 South Korea $EWY +1.31% 🇨🇱 Chile $ECH +1.13% Laggards: 🇰🇼 Kuwait $KWT −0.85% 🇨🇳 China $GXC −0.54% 🇶🇦 Qatar $QAT −0.43% 🇳🇱 Netherlands $EWN −0.40% 🇳🇿 New Zealand $ENZL −0.32% Risk appetite still holding — despite the oil shock. Data: CountryETFTracker

Wall Street just had its best day since the war started. Oil dropped. Stocks ripped. Out of 43 country ETFs, 41 traded in green today. That kind of breadth usually signals a macro shift in global risk appetite. 🌍📊 Here were today’s leaders: 🇰🇷 South Korea $EWY +7.20% 🇿🇦 South Africa $EZA +3.70% 🇨🇱 Chile $ECH +3.19% 🇻🇳 Vietnam $VNM +3.02% 🇧🇷 Brazil $EWZ +2.99% Is this the start of Hormuz reopening trade?

Week 3. Iran. The full picture. 🛢️ Brent: $106. WTI: $102. 💵 DXY: back at 100 — dollar winning the safe-haven battle over gold. 📈 10Y Treasury yield: rising — oil shock = inflation = Fed can't cut. 🎰 Polymarket: ceasefire odds point to early summer at the earliest. 🏦 This week: 7 major central banks meet — all forced to reprice policy around a $100+ oil world. Fed included. ⚠️ Reuters: "The U.S. is quickly exhausting tools to absorb the Iran war oil shock." 💥 U.S. struck Iran's Kharg Island — its main oil export hub. 🚢 Trump seeking a coalition to reopen Hormuz. Asked China. China said no. The ETF scoreboard since Feb 27: 🟢 🇸🇦 Saudi Arabia $KSA +1.7% 🟢 🇳🇴 Norway $ENOR +0.3% 🔴 🇰🇷 South Korea $EWY -16.7% 🔴 🇩🇪 Germany $EWG -9.2% 🔴 🇯🇵 Japan $EWJ -8.6% 🔴 🇮🇳 India $INDA -6.8% Energy trade balance is still the only variable that matters. 📊 Full live tracker → countryetftracker.com/IranWarMarketM…

🌍 The Iran War Market Screener is live.A real-time dashboard built to track how the US–Iran conflict and any Strait of Hormuz disruption are moving global markets. On one page, you can monitor: ✅ Live WTI candlestick prices ✅ Polymarket odds on ceasefire, Hormuz normalization, and oil outcomes ✅ Country ETF performance vs. energy trade balance ✅ US industry winners and losers ✅ Stock baskets for the most exposed names Instead of reading dozens of headlines, you can watch the market reaction unfold in real time. This is exactly how macro shocks create winners and losers across countries, sectors, and assets. Data: CountryETFTracker countryetftracker.com/Iran-war-marke…

Iran war reprices the world in real time. Since the Iran conflict began, one variable explains global equity performance better than anything else: energy trade balance. Winners: 🟢 🇸🇦 Saudi Arabia $KSA +1.7% 🇮🇱 Israel $EIS +0.6% 🇳🇴 Norway $ENOR +0.3% Losers: 🔴 🇰🇷 South Korea $EWY -16.7% 🇿🇦 South Africa $EZA -15.0% 🇵🇪 Peru $EPU -11.7% 🇹🇭 Thailand $THD -11.5% 🇻🇳 Vietnam $VNM -11.0% 🇩🇪 Germany $EWG -9.2% 🇯🇵 Japan $EWJ -8.6% Correlation between equity returns and energy balance as % of GDP: 0.59 and rising. South Korea is the starkest case — the year's best market (+36.6% YTD on AI chip demand) just gave back -16.7% in 2 weeks. Energy exporters collect a windfall across revenues, trade balances, and corporate earnings — simultaneously. Importers absorb a shock across all three. We're tracking every market live since Feb 27 👇 🔗 countryetftracker.com/IranWarMarketM…

🚨 Another painful session for energy-importing markets. Oil rallied even after a historic 400M barrel reserve release — the largest in history. And equity markets are reacting accordingly. Worst performing Country ETFs today: 🇿🇦 South Africa $EZA −3.46% 🇵🇪 Peru $EPU −2.99% 🇦🇪 UAE $UAE −2.75% 🇯🇵 Japan $EWJ −1.60% 🇧🇪 Belgium $EWK −1.44% 🇮🇳 India $INDA −1.33% 🇮🇩 Indonesia $EIDO −1.29% 🇩🇪 Germany $EWG −1.23% 🇸🇪 Sweden $EWD −1.09% 🇮🇹 Italy $EWI −1.09% 🇦🇪 UAE notably under pressure amid continued drone attacks and potential fallout for the tourism sector. Energy shocks are redrawing the global equity map. Track the war’s impact on markets in real time: countryetftracker.com/IranWarMarketM… #OilShock #energy #markets #ETFs #geopolitics #commodities #hormuz #iranwar

A clear pattern has emerged since the start of the Iran war: Energy exporters outperform. Energy importers lag. Worst performers so far: 🇰🇷 South Korea 🇹🇭 Thailand More resilient markets: 🇸🇦 Saudi Arabia 🇳🇴 Norway 🇺🇸 United States Global equities are starting to trade on energy exports as % of GDP. Track it live: countryetftracker.com/IranWarMarketM… Which stock markets win if the energy shock persists?#oil #markets #ETFs #commodities #IranWar

Global markets turned green today as oil prices retreated from recent highs. 🌍📊 Crude oil (CL) has tumbled from $119/bbl peak to the current $83/bbl as Trump said the war in Iran is pretty much OVER. Country ETFs rallied broadly: 🇵🇪 Peru $EPU +3.64% 🇨🇱 Chile $ECH +3.45% 🇨🇴 Colombia $COLO +3.26% 🇦🇷 Argentina $ARGT +2.79% 🇿🇦 South Africa $EZA +2.39% 🇬🇷 Greece $GREK +2.24% 🇨🇳 China $GXC +1.99% 🇦🇹 Austria $EWO +1.98% 🇯🇵 Japan $EWJ +1.97% Falling oil eases pressure on energy-importing economies and lifts global risk sentiment. But is this really the start of a relief rally — or just a pause in the energy shock?

@KobeissiLetter A session for the history book in oil markets. Crude futures swung $32 between the intraday high and low, marking the most volatile trading day since April 2020, when WTI prices briefly collapsed into negative territory. Is that really the end?

BREAKING: President Trump says “I think the war is very complete, pretty much.” Oil prices officially turn negative on the day, erasing a gain of +30%, in one of the largest daily reversals ever recorded.

🌍 Global ETFs — Here's how country ETFs moved today 👇 🚀 Top Performers 🇹🇷 $TUR Turkey +2.50% 🇸🇦 $KSA Saudi Arabia +2.45% 🇨🇴 $COLO Colombia +2.21% 🇧🇷 $EWZ Brazil +1.93% 🇰🇷 $EWY South Korea +1.97% 🔻 Laggards 🇻🇳 $VNM Vietnam -2.58% 🇮🇱 $EIS Israel -2.39% 🇩🇰 $EDEN Denmark -2.14% 🇦🇹 $EWO Austria -2.06% 🇫🇮 $EFNL Finland -2.07% 📊 Track country performance at CountryETFTracker.com

🚨BREAKING – Global markets are splitting along one line right now: energy. Crude oil just broke $100. And the correlation between energy trade balances and country ETF performance since the Iran war has surged to 0.60. Investors are rapidly separating oil exporters from oil importers. 🛢️🌍 Worst performing markets since the conflict began: 🇰🇷 South Korea $EWY −18.76% 🇿🇦 South Africa $EZA −14.72% 🇵🇪 Peru $EPU −13.22% 🇹🇭 Thailand $THD −13.02% 🇻🇳 Vietnam $VNM −12.47% 🇨🇱 Chile $ECH −11.43% 🇲🇽 Mexico $EWW −11.01% 🇮🇩 Indonesia $EIDO −10.58% 🇫🇷 France $EWQ −10.02% 🇩🇪 Germany $EWG −9.64% 🇬🇷 Greece $GREK −9.61% Europe and Asia are especially exposed. Meanwhile energy exporters are holding up far better as higher oil improves fiscal balances and capital inflows. This is how macro shocks reshape global markets. Data: Country ETF Tracker See more details ▶️ Iran War Market Monitor countryetftracker.com/IranWarMarketM…

@TaviCosta Energy trade balance as % of GDP and country ETFs performance since the start of the war —> oil is now the dominant driver of global equity market returns

$105/bbl A few months ago many said this would never happen. Never bet against inflationary assets in an inflationary era. Deglobalization is structural no cyclical. Watch food prices next. In a world of extreme inequality, with a Fed that needs lower rates to keep the government afloat, rising food costs rarely end quietly. Social unrest tends to follow. open.substack.com/pub/tavicosta/…

Worst-performing stock markets since the start of the Iran war, tracked via US-listed country ETFs: 🇰🇷 South Korea $EWY −16.3%
🇿🇦 South Africa $EZA −13.6%
🇹🇭 Thailand $THD −12.5%
🇵🇪 Peru $EPU −11.4%
🇨🇱 Chile $ECH −10.4%
🇮🇩 Indonesia $EIDO −9.0%
🇲🇽 Mexico $EWW −8.9%
🇻🇳 Vietnam $VNM −8.5% Why? Most of these economies are energy importers. When oil spikes: 
• Trade balances deteriorate
• Inflation surges
• Currencies weaken
• Equity markets underperform Meanwhile, energy exporters benefit from higher export revenues and stronger fiscal balances. The data already shows it. There is a positive and strong correlation between energy trade balance and ETF performance since the start of the war. ⚡ This is the key macro lesson: Oil shocks don’t move global markets equally.
They create winners and losers across countries. Track the divergence in real time with CountryETFTracker. 📊