44.86 +0.01 (0.02%)
After hours: 4:15PM EDT
|Bid||0.00 x 1000|
|Ask||0.00 x 21500|
|Day's Range||44.73 - 44.93|
|52 Week Range||43.33 - 50.81|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.59%|
As Turkey’s lira stabilizes somewhat and stocks worldwide rally in response, add exposure to international equities and lower exposure to U.S. equities, says our call of the day.
According to a report from the European Commission, the Eurozone Consumer Confidence Index has remained unchanged so far in July (through July 24) compared to June. It reached -0.6 so far in July compared to the same point in June, and it’s above the market expectations of -0.7.
On a year-over-year basis, the Eurozone Inflation (VGK)(IEV) Index stood at 2.0% in June compared to 1.9% in May, according to data provided by Eurostat. The index met the preliminary expectation of a 1.9% improvement.
The major Eurozone economic indicators out in the last week are as follows: Eurozone (VGK) inflation Eurozone (IEV) consumer confidence Eurozone ZEW economic sentiment index German (EWG) ZEW economic sentiment index UK (EWU) inflation German Ifo business climate index
What Should Investors Expect from Intel’s Q2 2018 Earnings? The next chapter in Intel’s (INTC) data-centric business is its Internet of Things Group (or IoTG), which brings computing at the edge. IoTG sells processors and other components for embedded devices used in the automotive, retail, and industrial sectors. Intel’s IoT business took some time to pick up, as the fragmented nature of this business had some profit-taking and some loss-making segments.
Below are the key economic indicators that investors should watch this week: German Ifo Business Climate Index Eurozone ZEW Economic Sentiment Index German ZEW Economic Sentiment Index Eurozone inflation Eurozone consumer confidence UK inflation Series overview
What Could Drive Investors’ Attention Back to Gold? The gold price faced pressure on several fronts in June. The dominant headwind was the U.S. dollar, as the US Dollar Index (DXY)1 reached new highs for the year.
The Eurozone (FEZ) (VGK) Sentix Investor Confidence Index has had a strong recovery so far in July after a huge fall in June. The index is at 12.1 so far in July compared to 9.3 in June, beating the market estimate of 9.
According to a report by Markit Economics, the final Spain Services PMI showed a weaker improvement in June than in May. It stood at 55.4 in June compared to 56.4 in May. The figure didn’t meet the preliminary market estimate of 56.2.
According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) has been falling gradually since December 2017.
According to a report by Markit Economics, Spain’s manufacturing PMI (purchasing managers’ index) remained unchanged in June. It stood at 53.4 in the month, unchanged from the same figure in May.
According to the data provided by Markit Economics, the final Markit France manufacturing PMI (purchasing managers’ index) witnessed a weak improvement in June. It stood at 52.5 in June compared to 54.4 in May. The PMI figure didn’t beat the preliminary market estimate of 53.1.
After tempting investors in 2017, European stocks and the related exchange traded funds are languishing this year. The iShares Europe ETF (NYSE: IEV ), which includes economies in and outside of the Eurozone, ...
According to a report from the European Commission, the Eurozone consumer confidence index has witnessed a marginal fall so far in June. It stands at -0.5 so far this month compared to 0.2 in May, in line with market expectations.
Do the Eurozone’s Key Economic Indicators Signal More Pain Ahead? On a year-over-year basis, the Eurozone inflation index (VGK) (IEV) stood at 1.9% in May compared to 1.2% in April, according to data provided by Eurostat. The inflation figure in May was mainly the result of improvements in the prices of oil, energy products, and food.
Eurozone (FEZ) (VGK) investor confidence has weakened this month, falling month-over-month to 9.3 so far from 19.2. The market expected it to be at 18.4.
According to Markit Economics, Spain’s service PMI rose marginally month-over-month in May, to 56.4 from 55.6. It beat the market estimate of 56.1 but marked its weakest expansion since December 2017.
According to a report by Markit Economics, Spain’s manufacturing PMI has been falling gradually since February 2018. The May figure represented the slowest expansion in manufacturing activity in nine months.
According to data provided by Markit Economics, the final Markit France manufacturing PMI saw an improvement in May. It stood at 54.4 in May as compared to 53.8 in April. New business orders and export orders witnessed some weakness in May.
The financial markets are fickle ahead of U.S. talks with North Korea on Tuesday in Singapore. At noon Eastern on Monday, The Dow Jones Industrial Average was up 0.1% while the S&P 500 is up 0.34% as speculation remains on how well the meeting goes with U.S. President Donald Trump and North Korean leader Kim Jong-un. ETFs concentrated in Southeast Asia are also undecided as iShares China Large-Cap ETF (FXI) is down 0.21%, iShares MSCI Japan ETF (EWJ) is up 0.40% and iShares MSCI South Korea Index Fund ETF (EWY) is up 0.53%.
Are the Eurozone’s Key Economic Indicators Signaling a Change? The reading was in line with the market expectations of 0.2. The consumer confidence index so far in May improved at a softer rate as compared to April 2018.
On a year-over-year basis, the Eurozone Inflation (VGK) (EZU) Index stood at 1.2% in April as compared to 1.3% in March, according to Eurostat data. The index didn’t meet the preliminary reading of a 1.3% rise.
The Eurozone’s (FEZ) (VGK) investor confidence has shown some weakness so far in May. The Sentix Investor Confidence Index was 19.2 compared to 19.6 in April, missing the market estimate of 21.2.
According to a report by Markit Economics, the final Spain Services PMI (Purchasing Managers’ Index) showed a weaker rise in April than in March. It was 55.6 in April compared to 56.2 in March. The figure didn’t meet the preliminary market estimate of 56.1 and was the weakest expansion in services activity since December 2017.
According to a report from the European Commission, the Eurozone Consumer Confidence Index stood at 0.4 so far in April as compared to 0.1 in March 2018, which was in line with the market expectations of 0.4. The consumer confidence index improved marginally in April as compared to last month mainly due to the improvement in economic activity of households. As household expenditure is an important component of the Eurozone’s GDP, the improvement in this component is a positive sign for the economy.