ETF Database » CNY

ETF Insider: Beware Of Lingering Euro Fears

Stoyan Bojinov — Mon, 09 Jan 2012 18:17:46 +0000

Equity markets hit the ground running last week as investors came back from the holiday weekend with a fairly optimistic outlook for 2012. U.S. stocks started off the year with a solid rally as investors’ confidence was bolstered by multiple better-than-expected economic data reports; consistent improvements in the housing market coupled with a downtick in the unemployment rate were enough to reignite bullish momentum on Wall Street. Gold inched higher last week, climbing back over $1,600 an ounce, although the precious metal continues to face headwinds given the looming uncertainty stemming from the Euro zone. Weekly Outlook The coming week will be fairly busy with activity and economic data releases both at home and on the international front. Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Van Eck Market-Vectors Chinese Renminbi/USD ETN (CNY): China’s consumer price [...]

Click here to read the original article on ETFdb.com.

ETF Insider: Bulls Look To Stampede Over Euro Drama

Stoyan Bojinov — Mon, 07 Nov 2011 16:22:13 +0000

Financial markets saw a whirlwind of activity last week as Euro zone debt woes swayed investor sentiment from euphoric to fearful. Equity markets came under serious selling pressures after news of a Greek referendum reignited default fears. Confidence in the currency bloc quickly returned however as the Greeks rescinded their referendum and bullish investors were quick to pile into equity markets following the sell-off the day before. The European Central Bank interest rate cut further bolstered markets higher as investors were happy to see the ECB taking preemptive measures to ensure financial stability in the debt burdened region. Gold worked its way higher amidst the continuing uncertainty, and the precious metal closed right around $1,760 an ounce for the week. Weekly Outlook The coming week is quite sparse of economic data releases both at home and on the international front. Stock markets will likely continue to take cues from the [...]

Click here to read the original article on ETFdb.com.

Van Eck Launches Dim Sum Bond ETF

Michael Johnston — Wed, 12 Oct 2011 14:05:18 +0000

Van Eck beefed up its lineup of international bond ETFs today, rolling out a product focused on Chinese debt traded in the “Dim Sum” bond market in Hong Kong. The new Market Vectors Renminbi Bond ETF (CHLC) will seek to replicate an index comprised of investment grade debt that is denominated in renminbi and available to investors outside of China. So-called Dim Sum bonds are a relatively new innovation, and a significant expansion in the market in recent years has made it possible for international investors to gain exposure to the Chinese currency through debt issued in the local currency. Betting On The Yuan The last few years have seen significant developments in the Chinese currency market, as Beijing has gradually moved to ease what many in the international community have historically viewed as an artificially cheap currency. A cheap currency makes Chinese goods appealing to international consumers, thereby boosting [...]

Click here to read the original article on ETFdb.com.

ETF Insider: Can Earnings Trump Euro Drama?

Stoyan Bojinov — Mon, 10 Oct 2011 14:00:17 +0000

Wall Street was able to close out the week in solid positive territory, although investor worries remain escalated over the uncertainty still plaguing the debt-stricken Euro zone. Waves of optimism and improvements in investor confidence, following a better-than-expected employment report at home, helped stocks climb higher last week. Gold prices remain range-bound although the yellow metal appears to be gaining momentum above the critical $1,600 an ounce level, possibly preparing to rebound higher in the coming days. Earnings season kicks off this week and investors will have platefuls of corporate performance reports to digest, hopefully restoring some confidence back in the U.S. economy. Weekly Outlook The coming week is fairly light with major economic releases on the international front, including inflation data from the Euro zone. At home, investors also have plenty on their plate, including an important consumer confidence report on Friday. Below, we highlight ETFs that may see [...]

Click here to read the original article on ETFdb.com.

Another China Yuan ETF: Rydex Launches FXCH

Michael Johnston — Wed, 05 Oct 2011 11:00:09 +0000

Rydex, the firm behind the CurrencyShares suite of exchange-traded products, made a splash with the latest addition to its product lineup on Tuesday. The recently-launched CurrencyShares Chinese Renminbi Trust (FXCH) will offer exposure to the official currency of the People’s Republic of China, bringing the total number of currency products offered by the company up to ten. “The renminbi has become an important currency in the world, and the China growth story is expected to continue long-term,” said Jim King, an ETF portfolio manager at Rydex|SGI. “The Chinese Renminbi Trust offers investors a way to participate in China’s burgeoning economy, as well as diversify their portfolio with currency exposure,” he said. The value of the Chinese currency, often known as the yuan, has been a hot topic for the last several years. The international community, including Treasury Secretary Geithner, has regularly implied that China has kept the official value of [...]

Click here to read the original article on ETFdb.com.

China Yuan ETFs On The Move

Eric Dutram — Mon, 09 May 2011 11:00:53 +0000

One of the biggest stories in global finance over the past few months has been China and their unwillingness to revalue their currency to what many Western nations see as an appropriate level. Some analysts believe that the yuan is undervalued by as much as 40%, potentially giving the People’s Republic an unfair advantage in a host of industries allowing them to easily outbid most countries on price alone. While a variety of politicians have been and are still clamoring for, a quicker revaluation of the yuan against the dollar, the Chinese government has been slowly but surely strengthening its currency under the radar of most investors. Now, for the first time since 1993, the yuan is trading below the 6.5 per dollar mark, marking seven straight week of gains for the currency, which is the longest continuous gain since before the financial crisis began in the fall of 2008. Unsurprisingly to [...]

Click here to read the original article on ETFdb.com.

Guggenheim Plans China Bond ETF

Michael Johnston — Mon, 14 Feb 2011 12:00:07 +0000

Guggenheim, the Chicagoland ETF issuer that has been a pioneer in the target maturity date bond ETF space, may have plans to take its fixed income lineup international. The company recently made an SEC filing detailing plans for a China bond ETF. Details on the proposed fund were scarce–no ticker symbol, expense ratio, or even underlying index were included–but the document did shed some light on what would be a first-to-market ETF idea. Though no index or index provider is specified, the filing mentions that the proposed fund would seek to replicate an index that consists of “publicly-available bonds that are eligible for investment by U.S. investors and denominated in Chinese Yuan, whether issued by Chinese or non-Chinese issuers.” With China’s currency policies an area of heated debate on the international stage, many investors have sought to position themselves to benefit from a gradual appreciation of the yuan. There are [...]

Click here to read the original article on ETFdb.com.

Emerging Market ETFs: Seven Factors Every Investor Should Consider

Eric Dutram — Tue, 09 Nov 2010 14:30:53 +0000

No matter where investors look in the developed world, the picture isn’t pretty. In the U.S. unemployment remains intolerably high, and uncertainty over the latest round of QE will continue to hang over stock markets. In Europe efforts to control surging deficits have been met with protests and public outrage, complicating the process of reeling in government spending through austerity and establishing a platform for sustainable economic growth. And in Japan, the central bank has taken steps to weaken the currency in order to keep the country’s important exporters competitive on the global stage. However, the country’s debt levels now approach 200% of GDP–by far one of the highest levels in the developed world–raising all sorts of red flags around a market that has been stick in economic quicksand for the better part of two decades. While a few advanced markets have managed to avoid this malaise–namely those with significant [...]

Click here to read the original article on ETFdb.com.

Chinese Yuan ETFs Back In Focus

Michael Johnston — Mon, 13 Sep 2010 14:00:55 +0000

Earlier this summer, investors around the world cheered an unexpected announcement out of Beijing, when the Chinese government announced that it would allow its currency to become more flexible against the U.S. dollar. But since June 19, the date of the landmark currency decision, the Chinese yuan has moved little, and the frustration towards China that initially subsided has gradually returned. Feeling renewed pressure from the international community, China took steps late last week to prove that its stated intentions for the yuan are genuine. On Friday, following talks between the U.S. and China in Beijing, the People’s Bank of China set the yuan’s reference rate at the highest level against the dollar since the bank began publishing that number about 15 years ago. Despite the move, the yuan has moved less than 1% since the June announcement of enhanced flexibility–supposedly upward flexibility–against the greenback. “China moved to let its [...]

Click here to read the original article on ETFdb.com.

Currency ETFs: A Better Way To Play The BRIC?

Eric Dutram — Tue, 27 Jul 2010 12:34:32 +0000

When the global economy transitioned into “recovery mode” following the latest recession, the emerging markets of the world jumped into the lead and quickly left their developed counterparts in the dust. Although advanced economies have resumed expansion, growth rates in the U.S. and Western Europe lag far behind the impressive figures being put up by China, Brazil, and countless other emerging economies. Some investors have always embraced emerging markets as an opportunity to access high growth areas of the economy, but in recent years interest has surged to new highs. With significant hurdles to growth in advanced economies–including sky high unemployment and mounting debt– many investors are rethinking the traditional wisdom that has called for them to allocate huge chunks of portfolios to domestic securities. The “home country bias” isn’t dead, but it’s taken some body blows [see this Q&A With Richard Kang for more on this topic]. Most emerging [...]

Click here to read the original article on ETFdb.com.

ETF Database » CNY

ETF Insider: Beware Of Lingering Euro Fears

Related Posts:

ETF Insider: Bulls Look To Stampede Over Euro Drama

Related Posts:

Van Eck Launches Dim Sum Bond ETF

Related Posts:

ETF Insider: Can Earnings Trump Euro Drama?

Related Posts:

Another China Yuan ETF: Rydex Launches FXCH

Related Posts:

China Yuan ETFs On The Move

Related Posts:

Guggenheim Plans China Bond ETF

Related Posts:

Emerging Market ETFs: Seven Factors Every Investor Should Consider

Related Posts:

Chinese Yuan ETFs Back In Focus

Related Posts:

Currency ETFs: A Better Way To Play The BRIC?

Related Posts: