|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.97 - 38.49|
|52 Week Range||28.98 - 47.13|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
There were big headlines from emerging markets this week, but the net effect was neutral on the iShares MSCI Emerging Markets exchange-traded fund (EEM) which turn in a flat performance for the week. The big loser Friday was Brazil, where important economic reforms appear to be suffocating in politics. The iShares MSCI Brazil Capped ETF (EWZ) fell 2% Friday, and that explains the fund's 1.2% slide on the week.
Turkish markets and country-specific ETF popped Monday after Turkey’s central bank took steps to support price and financial stability in wake of the lira currency’s recent weakness against the U.S. dollar. ...
The Global X MSCI Greece (ticker: GREK) and iShares MSCI Turkey (TUR) exchange-traded funds were among Monday's worst performers. The Greece stock ETF fell 3.2% and the Turkey stock ETF tumbled 2.8%. Last ...
News from Thailand, Turkey and Mexico sent funds higher this week, though it wasn't all good news. Brown Brothers Harriman currency strategists provide the following important news and a currency performance ...
The iShares MSCI Turkey ETF (NASDAQ: TUR) plunged on heavy volume Monday amid ongoing diplomatic tensions between Turkey and the U.S. Some traders are wagering on more declines for TUR, the only exchange ...
The Turkish lira weakened by nearly 3% Monday against the U.S. dollar after the two countries announced a halt in non-immigrant visas following the arrest of a U.S. consular employee, and others, on alleged ties to Turkey's 2016 coup attempt. Investors voted by selling the iShares MSCI Turkey exchange-traded fund (TUR), which had slipped 5.5% Monday morning after paring larger losses. The Vanguard FTSE Emerging Markets ETF (VWO) was down 0.5% today, and the iShares MSCI Emerging Markets ETF (EEM) was down 0.2%.
Turkey stocks reflected rising tensions with its neighbor Iraq, whose government escalated its confrontation with its northern Kurdish region on Wednesday. More than 92% of voters Iraqi Kurds backed independence in a referendum to which Prime Minister Haider al-Abadi responded by threatening to deploy troops there, take oil fields, and shut down international flights to and from the area. Turkey said it would cut crude exports from Iraq.
Iraqi Kurdish leader Masoud Barzani announced that Kurds voted for independence in a referendum held Monday, despite threats from irate neighbors Turkey and Iran. Turkey stocks exposed to Iraq could be in trouble, but on Tuesday the iShares MSCI Turkey exchange-traded fund (TUR) ranked among the best, rising nearly 2%. Bank of America Merrill Lynch Turkey economist Ferhan Salman in a note published Monday noted that the country's policy mix and financial conditions will likely weigh on its economic growth next year.
The iShares MSCI Turkey ETF (NASDAQ: TUR) is up more than 35% year-to-date, good for one of the best performances among emerging markets single-country exchange traded funds. In theory, TUR’s 2017 performance ...
Emerging markets have generated some of the strongest 2017 returns among equity markets. Can the rally continue? At UBS Wealth Management, strategist Soledad Lopez and analysts Michael Bolliger and Lucy ...
This week, Brazil equities were the big winners among emerging market assets, with signs that interest rate cuts there are on track. While the $6.7 billion iShares MSCI Brazil Called exchange-traded fund ...
There were signs of ill health in July, when China's industrial production growth was weaker than expected. Going forward, currencies linked to China, including those of Asia as well as EM commodity currencies, should remain well supported.
The worst emerging-market fund performance today isn't that of South Korea after a bomb test there, but the iShares MSCI Turkey exchange-traded fund (TUR), which was down 3% after German politicians spoke against Turkey's possible bid for European Union membership. The fund invested in Turkey, with a market value of $424 million, is up 41% this year as equities recover from a failed coup in July 2016 and a narrowly-won referendum earlier this year gave the president sweeping power through constitutional reform. Now, Turkey's on-again, off-again desire to join the EU is taking center stage in Germany, which had a sizable Turkish immigrant population before the recent surge of Middle East refugees. Chancellor Angela Merkel, running for reelection, said Sunday in a televised debate before Sept. 24 general elections that she would seek to end Turkey's EU membership discussions.
A second quarter surge lifted emerging market hedge fund capital to $213.3 billion, a record, and India and China funds were performance leaders, according to Hedge Fund Research data. That puts hedge ...
As Instinet technical analyst Frank Cappelleri put: "While doldrum-esque, the price action was good enough to stop the bleeding." While the market isn't very far from its highs, it has been lagging lately from a global, multi-asset perspective. The SPDR S&P Retail ETF (XRT) has been dealing with downside pressure for pretty much all of 2017. Cappelleri noted that the ETF made a new low last week and while the S&P has not needed the sector's help to hang near its highs, a more substantive move with staying power by retail stocks could help the broader market secure new highs.
The International Monetary Fund (or IMF) has revised its growth projections for France, Germany, Italy, and Spain. Growth projections for Germany (FGM), France (EWQ), and Italy (EWI) were upgraded by…
The “Fast Money” traders share their final trades for the day including Financial Select Sector ETF, MSCI Turkey ETF, Vista Outdoor and Exxon Mobil.