|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||60.55 - 60.81|
|52 Week Range||50.58 - 64.72|
|PE Ratio (TTM)||160.56|
|Expense Ratio (net)||0.49%|
Intel (INTC) demonstrated its 5G efforts at Mobile World Congress 2018. The company is also trialing VR (virtual reality) and AI (artificial intelligence), and a glimpse of this was visible at the PyeongChang 2018 Olympic Winter Games. Intel is now preparing for the next Olympics, which are set to take place in Japan (EWJ).
Asian markets closed mixed on Thursday, as some regional stock indexes shrugged off early losses stemming from trade-related worries.
The Japanese yen (JYN) lost out to increased risk appetite thanks to softer-than-expected tariffs and the positive geopolitical development involving US President Donald Trump and North Korea’s Kim Jong Un. Also driving the yen higher were the comments from the Bank of Japan’s governor, Haruhiko Kuroda, who tried to take back his comments about the policy shift toward tightening. For the week ended March 9, the yen (FXY) closed at 106.80 compared to the US dollar (UUP), an appreciation of 0.99%.
Asian markets tracked losses seen on Wall Street following U.S. Secretary of State Rex Tillerson's ouster, and amid simmering trade concerns.
Can GoPro Achieve Its Financial Targets following a Tough 2017? Revenue for the whole of 2017 was flat YoY at $1.2 billion. In 2017, GoPro’s international revenue rose 4% YoY driven by revenue growth in Asia, which rose 27%.
Certain specific country focused funds experience high outflows on fears of continued slowdown in the markets owing to a potential trade war.
The Japanese yen (JYN) regained its strength against the US dollar. The other factor that contributed to the yen’s appreciation was the comment from Bank of Japan Governor Haruhiko Kuroda. Kuroda used the word “exit” when referring to the central bank’s accommodative monetary policy program.
US government securities (GOVT) are considered to be risk-free with minimal credit risk. As per the latest report from the Congressional Budget Office (or CBO), a 1% increase in interest rates could add $10 million in interest payments for every trillion dollars of debt. The total US debt is expected to reach $22 trillion by the end of 2018, which means an interest payment of $220 billion per year—more than 10% of the total US government revenue.
As we discussed in the previous part of this series, China (FXI), Japan (EWJ), Ireland, and the Cayman Islands hold the majority of the debt issued to the United States. The reason for these countries holding such high US debt is the trade surplus with the United States. The United States pays for this trade deficit in US dollars (UUP), and these countries use these surplus funds to buy dollar assets, mostly US government debt.
Global economies have another lever to pull to help offset some of the pressures of their aging populations: The power of women. Some governments have been working to shore up women's participation in the economy, which, if successful, should boost their credit rating, Moody's wrote in a note last week. Increasing women's participation in the labor force will help economic growth by partially offsetting the declining workforce as populations age, Moody's says.
The Japanese yen (JYN) gave up some of its gains in the previous week as the US dollar appreciated on the back of the increased odds of US rate hikes in the near future. The US dollar received a boost from the FOMC meeting minutes, which indirectly had a negative impact on the Japanese yen. Improved economic indicators from Japan did little to boost the yen last week.
While Uber Technologies had a tumultuous 2017, the ride-hailing giant was able to record robust growth. Although Uber is not yet a publicly traded company, it has been revealing its quarterly results lately. Uber’s IPO (initial public offering) is slated for 2019.
The iShares MSCI Japan ETF (NYSEArca: EWJ), the largest US-listed exchange traded fund tracking Japanese equities, is modestly higher this year, but investors are displaying plenty of enthusiasm for the ...
The Japanese yen (JYN) managed to hold on to its gains from the past two weeks despite the increase in risk appetite. The Japanese yen is considered a safe haven in times of market sell-offs and had seen increased demand during the recent market correction. The surprise was that the yen held on to its gains during the market rebound.
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.