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Asia Is Giving These ETFs A Major Boost
Monday, August 14, 2017 - 2:46pm | 402Read More...What do four of the five hottest exchange traded funds of 2017 have in common? They all have exposure to Asian assets. Among every ETF with at least a $2 billion market cap, the best performer is iShares MSCI China Index Fund (NASDAQ: MCHI), which is up 34 percent this year. For many years, the U.S...
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Global Equities Mixed To Kick Off The Week
Monday, June 6, 2016 - 6:43am | 390Read More...Asian stocks were mostly lower on Monday in reaction to Friday's U.S. data, which showed a weaker-than-expected jobs growth. The figures may prove to be the catalyst forcing the Federal Reserve to postpone a planned interest rate hike that was set to occur in the near-term. Fed Chairwoman...
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Global Equities Rally Ahead Of Friday's Nonfarm Payrolls Data
Friday, June 3, 2016 - 6:53am | 382Read More...Asian stocks were mostly higher on Friday ahead of the U.S. government's release of May's nonfarm payrolls. Analysts surveyed by Reuters are looking for the economy to have added 164,000 jobs in May. Investors and traders from across the globe will likely be paying closer attention than...
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Japan's Market Falls On Sales Tax Delay While Investors Focus On OPEC, ECB Meetings
Thursday, June 2, 2016 - 6:49am | 420Read More...Asian stocks were mostly mixed on Thursday with a notable exception: Japan. Japan's Nikkei index lost 2.32 percent, its worst daily decline in a month, after the country's Prime Minister Shinzo Abe officially moved a planned sales tax hike forward by two years. This is raising concerns...
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Global Equities Kick Off June In The Negative
Wednesday, June 1, 2016 - 6:35am | 500Read More...Asian stocks were mostly lower on Wednesday, partially in reaction to poor data out of China. China's government reported the country's official May manufacturing Purchasing Managers' Index (PMI) was unchanged at 50.1 from a month ago. A reading above 50 is considered to be a sign...
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Asian Stocks Rally On China's Large Gains While Europe Trades Lower
Tuesday, May 31, 2016 - 6:46am | 423Read More...Asian stocks were mostly higher on Tuesday, led by a surge in Chinese stocks. Investors and traders brushed off a brief flash crash in China's CSI 300 index in which Chinese stock futures plunged 12.5 percent on heavy volume. However, within one minute of the flash crash the index was back in...
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Global Equities Mixed Ahead Of Yellen Speech
Friday, May 27, 2016 - 6:37am | 347Read More...Global stocks were mixed on Friday ahead of Federal Reserve's Chair Janet Yellen's speech at an event at Harvard University. Yellen is scheduled to talk at 1:15 p.m on Friday. For those keeping track, the event is being billed as a "conversation" with Harvard's Greg Mankiw...
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Asian, European Stocks Gain Ground As Brent Crude Tops The $50 Mark
Thursday, May 26, 2016 - 7:15am | 227Read More...Asian stocks closed mostly higher during Thursday's trading session on no notable news and heading into a long weekend in the United States. India's Mumbai Sensex index was a notable outperformer as some of the country's largest companies reported positive earnings which boosted investor confidence...
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Asian Stocks Mostly Higher On 'Limited News Flow,' European Stocks Follow The Lead
Wednesday, May 25, 2016 - 7:28am | 289Read More...Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...
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Asian Markets Tumble To Near 2-Month Lows As European Markets Jump Higher
Tuesday, May 24, 2016 - 7:33am | 458Read More...Asian stocks tumbled to near 2-1/2-month lows as investors continue to re-asses the suitability of investments in the region given the likelihood of a U.S. interest rate hike next month. The U.S. dollar index rose slightly to 95.33, within striking distance of Thursday's peak of 95.520 -...
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Asian Stocks Close Mixed, European Stocks Mostly Lower To Kick Off The Week
Monday, May 23, 2016 - 6:33am | 452Read More...Asian stocks were mixed on Monday after finance ministers from the G-7 nations gathered in Japan over the weekend. According to The Wall Street Journal, officials at the meeting have not come to an agreement on "how to address slack in the global economy." "The market doesn't...
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TGIF? Global Equities Mostly Higher On Friday
Friday, May 20, 2016 - 6:30am | 309Read More...Asian stocks were mostly higher on Friday even though the prospect of a Fed rate hike in June remains an ongoing concern. In addition, the Group of Seven finance ministers and central banks are scheduled to meet in Sendai, Japan on Friday and Saturday to discuss coordinated stimulus measures - a...
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Asian, European Stocks Mostly Lower Amid U.S. Interest Rate Concerns
Thursday, May 19, 2016 - 6:06am | 346Read More...Global equities were mostly lower on Thursday after the U.S. Federal Reserve's minutes from its April meeting point to a potential interest rate hike as soon as June. Higher interest rates in the U.S. could result in global investors pulling money out of riskier assets, particularly in...
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Asian, European Stocks Lower Ahead Of FOMC Minutes
Wednesday, May 18, 2016 - 6:23am | 243Read More...Asian stocks were mostly lower on Wednesday following reports that the U.S. Federal Reserve is said to be moving towards rate hikes this year. Meanwhile, Japan surprised the market and said its economy grew at an annualized 1.7 percent during the January to March period and grew by 0.4 percent...
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Asian, European Stocks Mostly Higher As Investors Follow Oil's Move
Tuesday, May 17, 2016 - 6:51am | 402Read More...Asian stocks were mostly higher on Tuesday as the price of oil continued to tick higher and the yen slightly dipped lower as a weaker yen is considered a positive for the country's exporters. Hong Kong's Hang Seng index gained 1.18 percent, Japan's Nikkei index gained 1.13 percent,...
