|Bid||59.35 x 5000|
|Ask||59.61 x 5000|
|Day's Range||61.26 - 61.67|
|52 Week Range||50.58 - 64.72|
|PE Ratio (TTM)||162.96|
|Expense Ratio (net)||0.49%|
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
China, Hong Kong, Taiwan, South Korea, Malaysia and Vietnam are among the Asian markets shut for Lunar New Year holidays.
The Japanese yen (JYN), along with the US dollar, saw a sharp increase in demand as risk aversion gripped global markets. The yen is considered a safe haven in times of market sell-offs because of its current account surplus. In the week ended February 9, the yen (FXY) closed at 108.80 against the US dollar (UUP), appreciating by 1.2%. Japanese equity markets (EWJ) fell sharply, reacting to the global market sell-off, with the Nikkei 225 (JPXN) posting a loss of 8.1% in the week ended February 9.
Facebook (FB) is in a tight race with Google (GOOGL) and Twitter (TWTR) and others in attracting online marketers. Facebook stated that its main platform had attracted more than 6.0 million active advertisers. Instagram, its other digital property used by over 800 million people per month, has more than 2.0 million advertisers.
The rebound in Asian markets stalled as several indexes in the region gave up early gains to finish the session in negative territory.
The Japanese yen (JYN) retracted against the US dollar last week as US dollar bulls tried to take control. A hawkish Federal Reserve along with a strong jobs report and wage growth gave some reason for the dollar bulls to cheer, and that resulted in a decrease in demand for the Japanese yen. For the week ended February 2, the Japanese yen (FXY) closed at 110.16 against the US dollar (UUP), depreciating 1.3%.
The Conference Board CEO Confidence Survey is a quarterly report based on a survey that collects responses from approximately 100 CEOs from various industries. The data collected cover the CEOs’ attitudes and expectations for the economy and their respective industries. The CEOs surveyed represent companies from manufacturing (IYJ), durable and non-durable goods, and services (VCR) industries.
Reports that Twitter (TWTR) has launched the trial of its Bookmarks feature show that the company may be on a path toward making good on its promise to bring a feature that its subscribers, especially those in Japan (EWJ), have apparently been requesting for a long time. Bookmarks, the feature (QQQ) whose test has begun among some Android users, now lets people quietly save tweets for later access. Given Twitter’s ambitions and some of the steps it’s taken recently, Bookmarks could be a handy tool at this juncture to help expand the use of the company’s services.
Google, whose parent company Alphabet (GOOGL) is set to release its 4Q17 earnings results on February 1, 2018, recently announced its plans to expand its cloud infrastructure. The company is planning to build three more undersea cable systems and activate five more cloud regions in the next two years.
This article was originally published on ETF Trends.com. More people are looking into international markets to enhance or diversify their portfolios, but not all economies are the same. Investors, though, ...
The decision to buy bitcoin is based on one’s own investment goals, time horizon and risk tolerance. Technology investments are often appropriate for aggressive investors with a long-term time horizon. Digital assets represent a new kind of technology, but they are mainly unproven.