49.50 +0.09 (0.18%)
After hours: 4:33PM EST
|Bid||0.00 x 27000|
|Ask||0.00 x 2900|
|Day's Range||49.13 - 49.82|
|52 Week Range||48.77 - 63.60|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.10%|
European markets and region-related exchange traded funds were among the worst off areas of the global markets Monday after British Prime Minister Theresa May unexpectedly delayed a vote for the Brexit deal on the eve of the scheduled parliamentary assembly. On Monday, Vanguard FTSE Europe ETF (VGK) was down 1.0% and iShares MSCI EMU ETF (EZU) was 0.8% lower, with both broad Europe ETFs trading near their lowest level since April 2017. May's decision to delay the vote could pave the way for a number of uncertain outcomes, such as a disorderly Brexit without a deal, a last minute deal pushed through just weeks before Britain's March 29 exit or another E.U. referendum, Reuters reports.
The U.K. and EU reportedly reached a preliminary agreement that must be ratified and approved, Bloomberg reported. Hard "Brexiteers" — politicians and individuals who want a complete separation from the EU — argue that the agreement continues to bind the country to EU trade rules, perhaps indefinitely.
Relief rally in Italian equities and country-specific ETF led global market gains Monday after Italy’s finance minister assuaged investors over the government’s spending plans. On Monday, the iShares MSCI Italy Capped ETF (EWI) jumped 3.0%. In contrast, the broad region-related Vanguard FTSE Europe ETF (VGK) was 0.9% higher.
ArcelorMittal (MT), the world’s largest steel producer, is having a somber 2018. It’s fallen 10.9% year-to-date based on its September 5 closing price.
The markets soured Friday with European stocks and related exchange traded funds leading the global weakness after President Donald Trump ramped up his tariff plans. Among the worst hit, the iShares MSCI France ETF (EWQ) fell 1.8% and iShares MSCI Germany ETF (EWG) dropped 1.5% on Friday. Meanwhile, the broader region-related Vanguard FTSE Europe ETF (VGK) was down 1.2% and iShares MSCI EMU ETF (EZU) was 1.5% lower.
Europe’s (VGK) revenue contribution to Apple’s overall revenues grew from 22% in 2015 and 23% in 2016 to 24% in 2017. Greater China’s (FXI) revenue contribution has slowed down from 25% in 2015 to 22% in 2016 and 20% in 2017.
European stocks and region-related exchange traded funds continued to weaken Friday, with bank dragging down the market, as traders worried about the potential ripple effect of Turkish lira meltdown. The ...
A currency crisis is currently rattling the world markets. Today, the Turkish lira (TUR) has plunged 20% against the US dollar (UUP), bringing its YTD (year-to-date) fall to 42%. The markets fear that this will spread to other regions, especially emerging markets (EEM).
According to data provided by the Centre for European Economic Research (ZEW), the Germany ZEW Economic Sentiment Index has fallen in July. It stood at -24.7 so far in July (through July 24), compared to -16.1 in June. This was below the market expectation of -18.0 and is the index’s weakest figure since August 2012.
According to a report from the European Commission, the Eurozone Consumer Confidence Index has remained unchanged so far in July (through July 24) compared to June. It reached -0.6 so far in July compared to the same point in June, and it’s above the market expectations of -0.7.
On a year-over-year basis, the Eurozone Inflation (VGK)(IEV) Index stood at 2.0% in June compared to 1.9% in May, according to data provided by Eurostat. The index met the preliminary expectation of a 1.9% improvement.
According to a report provided by the Centre for European Economic Research (ZEW), the Eurozone ZEW Economic Sentiment Index has fallen again in July. It reached -18.7 so far in July compared to -12.6 in June—worse than the market’s expectation of -13.2. July’s figure is the index’s lowest mark since August 2012.
The major Eurozone economic indicators out in the last week are as follows: Eurozone (VGK) inflation Eurozone (IEV) consumer confidence Eurozone ZEW economic sentiment index German (EWG) ZEW economic sentiment index UK (EWU) inflation German Ifo business climate index
Below are the key economic indicators that investors should watch this week: German Ifo Business Climate Index Eurozone ZEW Economic Sentiment Index German ZEW Economic Sentiment Index Eurozone inflation Eurozone consumer confidence UK inflation Series overview
Trump On Tape Planning to Buy Playboy Model’s Silence In Cash; Clintons Smirk A secretly recorded conversation between President Trump and his lawyer Michael Cohen was revealed on CNN yesterday, with the part getting the most attention being Trump’s suggestion that a Playboy model be paid in cash to silence her about rumors of an […] The post Market Morning: Trump Tapes, Trade Détente, Whirlpool Whirling, Saudi Stagflation appeared first on Market Exclusive.
The Eurozone (FEZ) (VGK) Sentix Investor Confidence Index has had a strong recovery so far in July after a huge fall in June. The index is at 12.1 so far in July compared to 9.3 in June, beating the market estimate of 9.
According to a report by Markit Economics, the final Eurozone Services PMI improved in June. It stood at 55.2 in June compared to 53.8 in May. The figure beat the preliminary market estimate of 55. It was the fastest expansion in services activity since February.
According to a report by Markit Economics, the final Spain Services PMI showed a weaker improvement in June than in May. It stood at 55.4 in June compared to 56.4 in May. The figure didn’t meet the preliminary market estimate of 56.2.
According to data provided by Markit Economics, the final Markit France Services PMI rose in June compared to May. It stood at 55.9 in June compared to 54.3 in May. The figure didn’t meet the initial market estimate of 56.4.