|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.73 - 50.34|
|52 Week Range||41.23 - 57.82|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.49%|
Emerging market stocks have outpaced their developed market peers by about 10 percentage points this year, as the iShares MSCI Emerging Markets exchange-traded fund (EEM) has rallied 32% this year to the SPDR S&P 500 ETF's (SPY) 20% rise. In a recent report, Lapthorne notes that the weak dollar is the source of emerging markets' outperformance and says the trend is becoming to look tired. Much of the recent weakness has come from a sell-off in companies with the poorest balance sheets, which had been big winners for much of the year. "This is hardly a disaster yet, but with balance sheet related problems and events becoming more common across the newswires, this is certainly one to watch, as stronger (or indeed no longer falling) US dollar and Emerging Market debt problems often go hand in hand," the Lapthorne writes.
The iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest ETF dedicated to Mexican equities, is lower by about 4.6% over the past month and negotiations surrounding the North American Free Trade ...
It may be time for Brazil’s currency to strengthen and as fears mount for the Mexican peso. The Brazilian real (BRL) has been under pressure, but that could change as the economy improves and investors return. At the same time, the Mexican peso (MXN) could weaken as North American Free Trade Agreement trade talks resume, says emerging markets foreign currency strategist Kiran Kowshik with UniCredit Bank in London.
The iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest ETF dedicated to Mexican equities, is slumping. Down about 8% over the past month, the ETF is now up 14% this year, meaning its year-to-date ...
Mexico will be in trouble if Trump pulls the plug on this decades-old trade arrangement between the three, interlocked North American economies.
Leading up to and immediately following the 2016 U.S. presidential election, the iShares MSCI Mexico Capped ETF (NYSE: EWW ) was one of the worst-performing emerging markets single-country exchange-traded ...
It seems no part of the ETF marketplace is safe from the downward pressure perpetually pushing fees lower and lower.
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.
The iShares MSCI Mexico Capped exchange-traded fund (EWW) has been on a tear for most of the year, hitting a 52-week high of $57.82 late August. The $1.2 billion ETF is down nearly one percentage point so far Monday as discussions of the North American Free Trade Agreement have taken a turn for the worse with President Donald Trump suggesting he could do away with the trade deal entirely. JPMorgan equity derivatives strategist Shawn Quigg says that between the "approaching confluence of potentially highly negative events" for Mexico stocks and how cheap volatility is, investors should consider buying EWW Jan 2018 51 strike puts for $1.70.
Mexico's (EWW) manufacturing PMI (Purchasing Managers' Index) stood at 52.8 in September compared to 52.2 in August, according to the IHS Markit report.
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.
The Vanguard FTSE Emerging Markets exchange-traded fund (VWO) and the iShares MSCI Emerging Markets ETF (EEM) rose 1.8% apiece this week. Here are five economic headlines from the week that Brown Brothers ...
July 2018 will be here before you know it, and if the polls are right, Mexico is about to elect their anti-Trump.
Mexico’s central bank left the benchmark interest rate unchanged Thursday, as everyone expected. Now at 7%, interest rates are at a multi-year high after a string of rate hikes that policy makers say is slowing the pace of inflation. In our view, the message had a slightly dovish undertone as Banxico mentioned that credit has slowed and that the previous rate hikes are likely to impact the economy in the future.
How badly will the two recent earthquakes hit Mexico's economy. Benito Berber, the senior Latin America strategist at Normura, lowered his 2017 GDP growth forecast by 0.4%, claiming that the quakes, which have left hundreds dead, could cost between $2 billion and $4 billion.
With many believing that inflation could begin to drop, Mexico’s central bank is expected to leave interest rates unchanged when it meets on Thursday. Board members have stressed that upside inflation surprises are temporary, underlining the one-off influence from a jump in fresh food items. Mexico’s central bank hiked interest rates seven consecutive times until July, when it opted to leave rates unchanged.
The iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest ETF dedicated to Mexican equities, is one of this year’s best rebound stories as highlighted by a year-to-date gain of 27%. That is good ...
If this week’s comments by U.S. Trade Representative Robert Lightizer are an indicator, Trump really will get tougher on trade. Look out China.
Another strong earthquake hit Mexico Tuesday, and this time it shook densely populated Mexico City where stock trading was halted. A photo showed a gaping crack in a roadway at Mexico City's international airport. A news anchor for Univision, Enrique Acevedo, posted video of the facade falling off one building, the collapse of others, and he reported that there were dangerous leaks in the city.