|Bid||33.96 x 800|
|Ask||34.00 x 5400|
|Day's Range||33.96 - 34.23|
|52 Week Range||22.21 - 34.23|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.74%|
Although it’s not the most exciting investment, these days, you can’t go wrong with the benchmark exchange-traded fund SPDR S&P 500 ETF Trust (NYSEARCA:SPY). Year-to-date, the trust fund is up nearly 16%. However, given its remarkable rally under ever-declining volume, many investors are seeking alternative opportunities. As such, I believe there’s no better time to consider international ETFs to buy than right now.
There were big headlines from emerging markets this week, but the net effect was neutral on the iShares MSCI Emerging Markets exchange-traded fund (EEM) which turn in a flat performance for the week. The big loser Friday was Brazil, where important economic reforms appear to be suffocating in politics. The iShares MSCI Brazil Capped ETF (EWZ) fell 2% Friday, and that explains the fund's 1.2% slide on the week.
Emerging market equities are taking a breather this week as investors watch BRICS' central bank actions, study the Chinese Communist Party's week-long gathering and listen to rumblings from U.S. Secretary of State Rex Tillerson's Middle East meetings. The iShares MSCI Emerging Markets exchange-traded fund (EEM), with a rise of more than 31% this year, is off by 0.7% this week while the Vanguard FTSE Emerging Markets ETF (VWO), up nearly 25% this year, has slipped 0.6% this week. Stocks in Asia are faring a little better, with the VanEck Vectors Vietnam ETF (VNM) hitting a 52-week high today, and shares in Thailand and South Korea also moving higher.
Up 36% year-to-date, the Global X MSCI Argentina ETF (NYSEArca: ARGT) is one of this year’s best-performing single-country ETFs. Data suggest investors have recently been renewing their interest in ARGT, ...
In yet another sign that investors aren't afraid of the Federal Reserve's interest rate hikes, emerging market equity funds saw the strongest inflows in 21 weeks and EM bonds continued to draw interest. The EM equity fund inflows were $3.3 billion in the latest weekly reporting period, and emerging market bond funds -- which have seen inflows for 37 of the past 38 weeks - drew $1.7 billion. It's part of what Bank of America/Merrill Lynch Chief Investment Strategist Michael Hartnett and Strategist Jared Woodard call "the most consensus trade in the world: no fear of the Fed." "Investors looked for ways to benefit from soaring equity markets while side-stepping a variety of political risks ranging from North Korea's bellicose expansion of its nuclear capabilities to Catalonia's stand-off with Spain," write EPFR Global analysts.
Argentina-based travel-booking website Despegar.com (DESP) raised an estimated $332 million in what could be the first in a slew of IPOs after the country's burst back into the international bond market ...
Emerging Markets Argentina under free-market reform President Mauricio Macri is attempting to reverse more than a decade of inward-looking leftist protectionism. Although inflation has proved tough to tame and growth hard to come by, there are definite signs of progress. The country’s inflation rate is now expected to tumble from roughly 40% in 2016 to 20% this year and then to half that in 2018.
Argentina returned to global capital markets with gusto after the newly-elected market friendly government resolved investor payments on defaulted debt last year, but now the market may be saturated with bonds. With an eye on regional elections on Oct. 22, Bank of America Merrill Lynch's Sebastian Rondeau, a Latin America fixed income and currency strategist, writes: "Argentina's macro outlook has improved materially in the last two months after a pro-reform primary election result and growing optimism about a recovery in Brazil. This makes Argentina vulnerable to a reversal in capital flows.
Commodities markets are aflutter over the recent strength in copper. With the red industrial metal residing at its highest levels in two years and breaking out on the charts, the widely followed iPath ...
The Global X MSCI Argentina ETF (NYSE: ARGT ) has spent significant time this year as one of the best-performing single-country exchange-traded funds, but the largest ETF dedicated to Argentine stocks ...
President Mauricio Macri’s austerity measures seem to be impacting Argentina's consumer confidence, as it saw another fall in June 2017.
Argentina (ARGT) posted a higher trade deficit for May 2017 at $642 million, mainly due to increasing imports as compared to its exports.
Argentina's (FM) consumer confidence saw a huge drop in June 2017, as Argentinians are highly unsatisfied with the austerity measures President Macri’s government has adopted.
Economic reforms by the Indian government and improvements in the manufacturing and automobile sectors are the main drivers of EEM.