|Bid||42.32 x 900|
|Ask||42.33 x 27000|
|Day's Range||42.23 - 42.45|
|52 Week Range||37.85 - 45.96|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.22|
|Expense Ratio (net)||0.74%|
Although the S&P 500 and other American indexes fell sizably yesterday on Powell’s less-dovish tone, China’s key indexes remained sideways today after opening lower and gaining in early trade. The Shanghai Composite Index dropped 0.2%, while the Shenzhen Component ended flat. The CSI300 Index lost 0.18%.
Trump, Xi, to Meet on Saturday As Global Economy Hangs In Balance President Trump will be meeting with China’s Xi Jinping this weekend, but won’t cow to any conditions on the use of tariffs, which raises the question of what the two will be talking about. One official said that an agreement not to raise […]The post Market Morning: Trump vs Xi, Ali, & Powell, Bank of America Sees $30 Oil appeared first on Market Exclusive.
Technically speaking, the U.S. benchmarks’ June price action remains comfortably bullish ahead of key meetings at this week’s G-20 summit, writes Michael Ashbaugh.
All eyes on Wall Street this week will be focused on Japan and the G-20 summit. The highlight of the summit for investors will likely be a one-on-one meeting between U.S. President Donald Trump and Chinese ...
The six-day winning streak of the benchmark Shanghai Composite Index was broken today as the index fell 0.87% to close at 2,982.07. This was the longest winning streak in over a year for the index, which has gained 19.6% so far in 2019.
Today, Bloomberg reported that India is planning incentives such as a tax holiday and lower tax rates for companies moving out of China while the US and China are embroiled in their bitter trade war. But emulating China’s manufacturing prowess and ecosystem might not be easy.
In May, it seemed that every exchange-traded fund (ETF) that catered to China got racked by the U.S.-China trade deal going sideways, which may have left a bad taste for opportunities in the world's second largest economy. Rather than getting broad-based exposure to China, ETF investors can opt for the Reality Shares Nasdaq NexGen Economy China ETF (BCNA) . The fund itself is up over 21 percent year-to-date, which is almost seven times more than the broad market-based iShares China Large-Cap ETF (FXI) .
While Asian markets were mixed, China’s Shanghai Composite Index gained 0.21% to end on a positive note for five days in a row. However, the tech-heavy Shenzhen Component ended in the red today.
Global stocks surged Tuesday following news that President Donald Trump and Chinese President Xi Jinping will be meeting to discuss trade at the upcoming G-20 summit at the end of the month. What Happened ...
Commerce Secretary, Wilbur Ross has downplayed the possibility of a major trade deal being struck between President Donald Trump and Chinese President Xi Jinping at the upcoming G-20 summit in Japan later ...
Commerce Secretary Wilbur Ross sought to tone down expectations from the proposed meeting between US President Donald Trump and Chinese President Xi Jinping at the G20 Summit. Ross said that the G20 is not “where you’re going to negotiate a 2,500-page agreement.”
Trade negotiations between the U.S. and China stalled last month, leaving investors with little insight on when to expect a potential trade resolution. Colas broke down the statistics of negotiation by referencing two large-scale Ultimatum Game studies. In the Ultimatum Game, two study participants walk into a room and compete in a coin toss for a $100 prize.
Paul Tudor Jones’s Strategy for Fed Rate CutsTrade war expedites the need for rate cutsBillionaire investor Paul Tudor Jones spoke to Bloomberg today ahead of JUST Capital’s event in New York. He thinks the US-China tariff war has expedited
Asian Markets Turn Bearish as China Says It's Not Afraid to FightTrade war here to stay?Yesterday, Asian markets largely shrugged off Trump’s comments about imposing fresh tariffs if he and Xi Xingping don’t meet in China. Markets in fact rose
China is "getting absolutely decimated" by global companies because they "don't want to pay the tariffs," Trump said. Meanwhile, the U.S. reached an agreement with Mexico's government over the weekend that could avoid new tariffs on Mexican goods.
China and Hong Kong Markets Closed for HolidayTuan Ng DayToday is the fifth day of the fifth month of the Chinese lunar calendar. Markets are closed today, and we are amused at the perfect timing of the festival.The Tuan Ng festival is also called
A Look at Chinese and Indian Markets TodayChina issues travel warning After levying tariffs, selling Treasury securities, and threatening the US with a ban on rare earth exports, China tried a new measure in the trade war yesterday. China issued a
Chip Industry Struggles amid US-China Trade War(Continued from Prior Part)US-China trade warThe trade war between the United States and China started back in July 2018 when the former imposed 25% tariffs on $50 billion worth of Chinese imports and
Chip Industry Struggles amid US-China Trade WarUnited States-China trade war and stock market In The Art of War, Sun-Tzu said, “There is no instance of a nation benefitting from prolonged warfare.” These words certainly seem to apply to the
Emerging Asia: Indian Indexes Gained in May, Others FellTariffs on all Mexican importsWhile the whole world is focused on the US-China trade war, President Trump announced that all of the imports from Mexico will attract a 5% tariff starting on
Emerging Asia: Jakarta and Shanghai Gained, Other Indexes FellTip of the icebergHaving a state-run media helps countries like China make veiled threats and test the waters.On May 29, China’s People’s Daily, a state-run newspaper, published a
Chinese Indexes Surge even though Trump Isn't Ready for a Deal(Continued from Prior Part)Chinese indexes The Chinese indexes closed on a high for the third consecutive day today. The Shanghai Composite Index rose 18 points, or 0.61% today.
Trump Says People of India Are Lucky to Have Prime Minister ModiIndian politicsIndia—the world’s largest democracy and second-most-populous country recently underwent its massive electoral process to choose its prime minister. In 2014, India
The major drag on the market remains the trade war between the U.S. and China. A week after the Department of Commerce placed Chinese telecommunications giant Huawei on a trade blacklist, President Donald Trump said easing Huawei restrictions could be part of a potential trade deal with China.