|Bid||53.68 x 1000|
|Ask||58.99 x 45900|
|Day's Range||54.22 - 54.62|
|52 Week Range||48.99 - 60.83|
|PE Ratio (TTM)||143.44|
|Beta (3Y Monthly)||0.85|
|Expense Ratio (net)||0.47%|
After falling on Friday, the Hang Seng Index started the week of the G20 meeting on a positive note. The index gained 0.14% today. Last week, the index gained 5%, and Friday was the only day it posted losses during the week.
Hong Kong’s Hang Seng Index, which has been under severe pressure this quarter, was the best performing Asian index on June 19 with 2.56% gains. The index recorded its third consecutive gain.
Weakness in Purchasing Managers' Index and bleeding Asian markets do not paint a pretty picture for investors holding ETFs with exposure to the Asia-Pacific region.
President Trump's weekend visit to Japan could help lift underperforming Japanese equities. Play the move using these Japan ETFs.
Trade War Subdues Manufacturing PMIs around the WorldManufacturing PMIToday, IHS Markit published its purchasing managers’ indexes or PMIs for May countries around the world. Australia saw the composite PMI rise to 52.2 in May from 50 in April.
Japan delivers GDP growth amid projections of a slight decline for first-quarter 2019, putting ETFs with strong exposure to the region in focus.
Edwin Lefevre's classic tome, "Reminiscences of a Stock Operator," chronicles the career of Jesse Livermore, an infamous trader from the early 20th century. The book is often cited by traders and investors alike for the many lessons gleaned from Livermore's stock market trials--a mixed series of successes and failures. Livermore apparently never took his own advice.
The iShares MSCI Japan ETF (EWJ) , one of the largest Japan exchange traded funds (ETFs) listed in the U.S., is up nearly 10% this year and recently saw a substantial influx of assets. EWJ seeks to track the investment results of the MSCI Japan Index, which consists of stocks traded primarily on the Tokyo Stock Exchange. “Japanese stocks were a remarkably hot commodity among investors last week, according to the latest fund flows data (via Bank of America-Merrill Lynch),” reports Schaeffer's Investment Research.
Technically speaking, the U.S. benchmarks are approaching the worst six months seasonally — May through October — against a still comfortably bullish backdrop, writes Michael Ashbaugh.
With a wealth of information available to investors at the drop of a dime, they can make quick trading decisions during and after market hours with TD Ameritrade’s 24/5 trading feature. The program continues ...
While a U.S.-China trade deal looms and various media outlets are reporting that a deal is close, the threat of trade protectionism to global growth remains, according to Bank of Japan Governor Haruhiko Kuroda. "There (is) some sort of protectionism" said Kuroda during a CNBC interview on Monday. Amid the trade scuffle between the U.S. and China, discussions between Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump regarding trade have largely been positive.
IMF Getting Nervous On Economy: Don’t Make Any Sudden Movements The IMF is getting quite wary of the prospects for continued economic growth, and has therefore issued a warning against governments around the world not to engage in petty trade wars, and instead recommended that governments take the economic version of the Hippocratic Oath to […]The post Market Morning: IMF Shivers, Google Delivers, Japan Freezes, Boeing Pleases, Sort Of appeared first on Market Exclusive.
Technically speaking, the U.S. benchmarks have spiked to start the second quarter, strengthening an already-bullish bigger-picture backdrop, writes Michael Ashbaugh.
China Makes ‘Unprecedented’ Trade Proposals, Says Reuters According to Reuters, China has suddenly made unprecedented proposals in trade talks. The topics include forced technology transfer and what the Trump Administration calls systematic theft of U.S. intellectual property. China probably doesn’t call it that. “If you looked at the texts a month ago compared to today, […]The post Market Morning: China Makes a Move, May Fails Again, Bond Market Goes Mad, Walgreens Goes to Pot appeared first on Market Exclusive.
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Central banks As we discussed previously, central banks in developed economies like the US (SPY), Europe (VGK) (VEU), and Japan (EWJ) have adopted a dovish approach. While
Trade War: Trump Picks New Targets as China Talks Wrap UpChina talks Recent statements from the Trump administration suggest that the United States (SPY) and China (FXI) might resolve their trade disputes. The two sides have held four rounds of
National Debt Tops $22 Trillion, Rises $1 Trillion In Less Than a Year All is well with America’s finances, say all the politicians who want to spend a lot of money on programs, especially the Green New Deal, which seeks to outlaw air travel, replace it with high speed rails all across the country, subsidize […]The post Market Morning: Debt Tops $22T, Chevron Stays Put, J&J Gets Esketamine Nod, Trump Upset Again appeared first on Market Exclusive.
May Rejects Corbyn Compromise On Brexit As the week begins, a potential Brexit deal breaks down again. Labor leader Jeremy Corbyn had proposed to support British Prime Minister Theresa May’s soft Brexit plan on the condition that it included a customs union with the European Union, which is essentially what the European Union is anyway, […]The post Market Morning: Brexit Compromise Rejected, US Warships Challenge China, Shutdown Redux appeared first on Market Exclusive.
Tom Lydon of ETF Trends.com and Alfred Eskandar of Salt Financial, join CNBC's "ETF Edge' to discuss whether the U.S.-China trade tensions are making the emerging markets an attractive investment.