|Bid||46.73 x 15900|
|Ask||46.74 x 12200|
|Day's Range||46.28 - 46.80|
|52 Week Range||37.51 - 54.00|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.74%|
According to Markit Economics, China’s service PMI (purchasing managers’ index) weakened in March, falling to 52.3 from 54.2 in February. It missed the market estimate of 54.5.
In March, China’s manufacturing PMI (purchasing managers’ index) indicated a solid rise in manufacturing activity, rising to 51.5 from 50.3 in February. It beat the market expectation of 50.5.
People walk in front of the ZTE stand at the Mobile World Congress (MWC), the world's biggest mobile fair, on February 27, 2018 in Barcelona. Washington banned U.S. chip makers from selling components to ZTE for seven years. China is also playing hardball with U.S. firm Qualcomm as both sides are now becoming serious, high tech competitors. Wall Street is considering tariffs, for real now.
Alphabet’s (GOOG) total costs and expenses increased 32.8% YoY (year-over-year) in 1Q18. Rising expenses in the quarter were driven by higher traffic acquisition costs (or TAC). Alphabet’s TAC rose 35.8% in 1Q18, much higher than Alphabet’s revenue growth of 26% YoY.
What Do March Leading Indicators Signal for the US Economy? The Conference Board Leading Economic Index (or LEI) has ten constituent indicators, and all but one of these forward-looking indicators are based on expectations. The average consumer expectations for business is not a forward indicator as it is derived using expectations, rather than any economic indicator.
Chinese stocks and country-specific ETFs are underperforming their global peers as high debt levels and a threat of a U.S.-China trade war fuel trader fears. Looking at some of the largest China-related ...
Chinese bonds are gathering more attention from investors - for good reason - they are performing well and have lots of total return potential still left.
Look for China to use the Trade War to try and its tech firms at the expense of ours. That is why I think we will fight to win.
Though Ericsson (ERIC) posted better-than-expected earnings in the first quarter of 2018, the telecom equipment giant missed revenue expectations. Ericsson’s revenues of $5.14 billion in 1Q18 not only declined from its 1Q17 revenue of $5.66 billion but also missed Wall Street expectations. Analysts expected Ericsson to report revenues of $5.36 billion for 1Q18.
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.
While the broader surge in commodities helped iron ore prices, China’s (FXI)(MCHI) surprise cut in its reserve ratio requirement (or RRR) for some Chinese lenders from the People’s Bank of China led to price gains in iron ore. This move is expected to improve the liquidity in the system, boosting economic activity.
Let's face it, the world of Exchange Traded Funds (ETFs) can be daunting. There are over 1,700 ETFs out there with almost $3 trillion in assets. Sometimes that can mean too much choice. First off, the Vanguard Total Stock Market ETF, which covers the U.S. market, and the Vanguard FTSE All-World ex-U.S. ETF can be good choices to build a stock portfolio. Together these two, low-cost, passive funds own around 5,000 different stocks, with the All-World ex-U.S. fund having 1% or more exposure to 19 different countries including developed and emerging markets.
Asia ETFs are in the spotlight over potential trade disputes, Trump's bid to rejoin the Trans Pacific Partnership and bilateral talks between Japan and China.
China's economic expansion continues on the back of strong consumer spending. However, growth is expected to slow down in the coming months.
Nokia (NOK) has a device licensing agreement with China’s (FXI) HMD Global. Nokia and BlackBerry (BB) have outsourced their smartphone manufacturing businesses to third-party producers in China and Southeast Asia. Nokia generates revenue through royalties and licensing agreements.
Shares of consumer technology company GoPro (GPRO) rose 7.8% in the week that ended on April 13, 2018, to close at $5.26. GoPro stock rose 8% on April 13, 2018, after several websites reported that it might be acquired by China’s (FXI) Xiaomi. GoPro’s CEO, Nicholas Woodman, stated that the company was open to an acquisition and had hired JPMorgan (JPM) to look for potential buyers.
In the recent weeks, the performance of the US bond markets (BND) has been influenced by trade conflicts between the US and other nations, primarily China (FXI), rather than the underlying economic performance. First, there were the steel and aluminum import tariffs, which were followed by $50 billion worth of tariffs on Chinese imports. The fear of a full-blown trade war reduced risk appetite and increased demand for safe-haven assets like bonds, which further pushed yields lower.
The Philippines President Rodrigo Duterte is teaming up with the wrong partner to fight the country’s growing corruption problem—China, a country with a big corruption problem of its own.
The US Bureau of Economic Analysis publishes a monthly report on US international trade in goods and services that details the changes in imports and exports. The latest report indicated that the goods and services deficit was $57.6 billion in February, an increase of $0.9 billion from $56.7 billion in January. The trade deficit is currently at a nine-year high, and this could be cited as one of the key reasons the Trump administration has taken steps to increase trade barriers.
At the start of 2017, HP (HPQ) claimed the top position from China’s (FXI) Lenovo (LNVGY) to become the world’s leading PC (personal computer) manufacturer. At the end of 4Q17, HP led the PC market with a 23.5% share and 8.3% unit shipment growth. In comparison, global PC shipments rose only 0.3% in 4Q17. Top players Lenovo, Dell, Apple, ASUS, and Acer Group (ACEIY) had market shares of 22.2%, 15.7%, 8.2%, 6.4%, and 6.4%, respectively.
China's CPI and PPI data show signs of economic weakness. Moreover, risks of a trade war with the United States might intensify pressure.