|Bid||24.00 x 200|
|Ask||0.00 x 0|
|Day's Range||26.76 - 27.36|
|52 Week Range||16.47 - 27.73|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
Europe's sovereign and corporate bonds, with high yields below 2.5%, are equally susceptible to pressure, according to Peter Boockvar, chief market analyst at The Lindsey Group based in Fairfax, VA. With the euro strengthening by 1.4% against the U.S. dollar this week, maintaining a value of 1.20, Boockvar writes in his daily morning missive today: "The strangest behavior in markets yesterday was the rip higher in the euro after European Central Bank President Mario Draghi’s press conference at the same time European sovereign bonds spiked up in price and down in yields. The euro today is holding its gains and advancing some more from yesterday’s close while European yields are rising and getting back some of what it lost yesterday after a Reuters story this morning that said: 'European Central Bank policymakers meeting on Thursday were in broad agreement that their next step will be reducing their bond purchases and discussed 4 options, 2 sources with direct knowledge of the discussion said.' They talked about to what extent to cut the monthly buys at the same time maybe extending the deadline.
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 ...
The euro reached a fresh high against the dollar Tuesday, which may have contributed to European stock weakness overall, though the iShares MSCI Poland Capped ETF (EPOL) slipped more, by 1.6%, as German Chancellor Angela Merkel weighed in on the dispute Tuesday between the European Union and Poland over judicial independence. The Vanguard FTSE Emerging Markets ETF (VWO) only fell 0.2%. With German election season heating up, the Greek government on Monday said it would not accept far-right German politicians' suggestions to return refugees to Greece, The Times reported.