- EEMBarrons.com•9 minutes ago
The Colombia government and FARC rebels reached a final peace agreement Thursday that should help boost the country's economy long term, and that has pushed funds invested in the country to new highs. The government's four-year negotiation with Fuerzas Armadas Revolucionarias de Colombia (FARC) means a ceasefire, political positions for former rebels, victim reparations as well as agrarian reform and anti-drug trafficking efforts. Fitch Ratings has a negative outlook on Colombia's debt, noting the country must rebuild tax, oil and other revenue to accommodate investment "without jeopardizing fiscal consolidation." CORRECTED: The iShares MSCI Colombia exchange-traded fund (ICOL), with $18 million in assets, was up 1.7% in morning trading and the Global X MSCI Colombia ETF (GXG), with $93 million in assets, was up 1.5%.
- UVXYForbes•6 hours ago
I cannot think of another 'asset' class that has been as perplexing at VIX based ETPs this year. VXX, an un-leveraged ETN is down 16% in 1 month and 62% year to date. Despite that performance, VXX, UVXY and TVIX, three large VIX based ETPs continue to attract inflows. Those inflows