WisdomTree Emerging Currency Strategy ETFCEW and iShares MSCI Emerging Markets ETFEEM have gained 3.3% and 10.1% past month (as of Jan 31, 2019). First, minutes of the Fed's December gathering released on Jan 9 indicated that still-subdued inflation led the central bank to consider a "patient" approach to future rate hikes. A deadlock in passing a spending bill, wherein Trump demanded $5.6 billion funding for a border wall that was being opposed by the Democrats, was mainly the reason for the shutdown.