|Bid||59.4300 x 900|
|Ask||59.5700 x 1300|
|Day's Range||58.8000 - 59.5100|
|52 Week Range||45.4500 - 120.6400|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||3.22|
|Expense Ratio (net)||1.04%|
Shares prices in India, the world’s fastest growing large economy, fell on Wednesday and were on course for their worst month since February 2016 as the ongoing spat between the country’s government and central bank turned ugly. On Wednesday, Indian news outlets including CNBC-TV18 reported that Reserve Bank of India (RBI) Governor Urjit Patel is contemplating resigning from his position after the Indian government threatened to prevent the RBI from calling its own shots. The market's immediate reaction forced the government to release a statement stressing the central bank's independence. “The autonomy of the Central Bank, within the framework of the RBI Act, is an essential and accepted governance requirement.
Last week's sell-off in U.S. equities is spilling over into the emerging markets space, leaving investors to wonder when the strategy for value-hunting in EM turns into outright avoidance. One ETF that has been benefitting from EM's unceremonious fall from its rise in 2017 is the Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) . EDZ seeks daily investment results that equal 300% of the inverse of the daily performance of the MSCI Emerging Markets IndexSM. The index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalizations securities across the 24 emerging market countries.
The International Monetary Fund's director of fiscal affairs Vitor Gasper said that global debt reached a new high in 2017, topping the $182 trillion mark, but also said that India's debt, in particular, is much less than global debt as a percentage of the world's gross domestic product (GDP)--a positive economic sign that could benefit the Direxion Daily MSCI India Bull 3x ETF (INDL) . "So, it is substantially less than the global debt as percentage of world GDP," Gasper said regarding India's debt, which is below the average of developed and emerging market economies.
As tariffs, sanctions, and politics continue to coalesce into a shadow of uncertainty hanging overhead, the markets haven’t blinked—at least not the US markets. The S&P 500 Index is hovering around all-time ...
India exchange-traded funds (ETFs) are comprised of securities traded in India. This is an emerging market play, meaning it carries higher risk than more mature markets. Higher risk can mean higher reward, but it can also mean steeper selloffs.
The Conference Board CEO Confidence Survey is a quarterly report that collects responses from ~100 CEOs from different industries in the US. The data collected covers the CEOs’ attitudes and expectations for the economy and their respective industries. The industries represented by these CEOs include the manufacturing (IYJ) and services (VCR) industries.
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.
Bitcoin was marginally down on Monday, January 22, to $11,813 as of 6:00 AM EST. Bitcoin saw a quick recovery after its slump below $10,000 during the last week. The market capitalization of bitcoin has fallen to almost $198 billion.
The Conference Board CEO Confidence Survey is a quarterly report based on a survey that collects responses from approximately 100 CEOs who represent a variety of industries.