|Bid||39.00 x 3000|
|Ask||39.36 x 1200|
|Day's Range||39.16 - 39.63|
|52 Week Range||30.04 - 40.55|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.70|
|Expense Ratio (net)||0.59%|
Asian Stocks Down, Europe Berates Iran on Nuclear Deal Chinese stocks (NYSEARCA:ASHR) are down this morning on news that President Trump didn’t actually promise Chinese President Xi Jinping a six-month hiatus on new tariffs, as widely reported in the media yesterday. So 25% tariffs on $300 billion Chinese goods coming into the US could come […]The post Market Morning: No China Promises, Democrats Debate, New Age Crossfire, Russian Stocks Bullish appeared first on Market Exclusive.
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.
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.