|Bid||0.00 x 1400|
|Ask||41.99 x 1400|
|Day's Range||39.50 - 39.91|
|52 Week Range||30.04 - 39.91|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.64|
|Expense Ratio (net)||0.59%|
Russian stocks boast some of the best returns among global markets in the first half of 2019. Gain exposure using these three ETFs.
The U.S. plans to not renew Iran oil import waivers previously granted for a few countries, sending oil prices shooting up. A few country ETFs will gain and some will lose from the move.
The U.S. stock market has proven to be an historic juggernaut, and its stellar performance this year only solidifies its reputation. But is it time to diversify overseas? Our call of the day says “yes!”
Russian stocks have barreled higher in early 2019 despite forecasts of slower economic growth. Explore three trading ideas using Russia ETFs.
Russia ETFs have strengthened in recent weeks, but the threat of potential sanctions could drag on the emerging market. Over the past month, the VanEck Vectors Russia ETF (RSX) gained 6.6% and iShares MSCI Russia Capped ETF (ERUS) rose 7.2%. Russia's largest lenders, state-owned Sberbank and VTB, saw outflows of foreign currency deposits in August on a depreciating rouble currency and rising concerns over new U.S. sanctions, Reuters reports.
While the rest of the emerging markets were strengthening, Russia stocks and country-specific ETFs were among the worst performers Wednesday as the ruble weakened toward its lowest in over two years in response to more U.S. sanctions. On Wednesday, the VanEck Vectors Russia ETF (RSX) fell 1.9% and iShares MSCI Russia Capped ETF (ERUS) dropped 1.9%. Pressuring Russian markets, the Trump administration imposed new sanctions on Russia in response to allegations of election-tampering, cyberattacks and other activities, the Wall Street Journal reports.
According to a report by Markit Economics, the Russia Services PMI has been weakening gradually since April. It was 52.3 in June compared to 54.1 in May. It didn’t meet the preliminary market expectation of 52.5.
After Fizzled Pre-Holiday Rally, Stocks Take Another Shot Higher In the face of the official start to US tariffs against Chinese imports and general pre-Federal Reserve minutes release jitters, stock futures have spurted higher in an attempt to reverse the failed rally at the close on July 3rd that couldn’t push above the 50 day […] The post Market Morning: Stocks Try Again, Germany Fumes, and Nobody Wants a Fiat appeared first on Market Exclusive.