Investors got an unfriendly reminder of the looming Euro zone debt woes last week as resurfacing fears surrounding rising yields on Spanish government bonds paved the way for profit taking across the board. Earnings season at home remains a “mixed bag” judging by Wall Street’s movement last week, although surprises have been predominantly upbeat. As such, we anticipate for volatility levels to remain elevated across equity markets this week as earnings season continues full steam ahead, coupled with a plateful of important economic releases including GDP as well as an FOMC announcement [see Free Report: How To Pick The Right ETF Every Time].
Wall Street was fairly tame these last few trading days of the year as light volume trading and an uncertain economic backdrop gave way to a less-than-spectacular finale to one of the most volatile years in financial history. Amongst the major domestic equity indexes, the Dow Jones Industrial Average was the only one to finish [...]
Equity markets inched higher last week as news from the Euro zone was sparse, while economic data releases on the home front surprised to the upside. The final trading week of one of the most volatile periods in financial history is sure to abundant with more of the same: excitement, drama, and perhaps even the [...]
Last month a massive earthquake struck the New Zealand city of Christchurch on the country’s south island, killing more than 160 people and causing widespread destruction. The country’s equity markets took a beating in the wake of the natural disaster, plummeting as concerns spread that the quake would grind an already fragile recovery to a [...]
Global X announced today the launch of the first pure play Argentina ETF, bringing to market another option for accessing South America. The Global X FTSE Argentina 20 ETF (ARGT) will seek to replicate the FTSE Argentina 20 Index, a benchmark that includes the top 20 companies within the investable universe of Argentina-domiciled companies or [...]
Global X, one of the fastest-growing ETF issuers, continues to build out the emerging markets portion of its lineup. The company announced today the launch of the Global X FTSE Andean 40 ETF (AND), linked to an index that tracks the performance of the 40 largest companies in Chile, Colombia, and Peru.
One of the biggest stories of 2010 was the beginning of a currency war in which nations fought to maintain export competitiveness at all costs. Usually the preferred strategy of central bankers around the world has been to avoid the weakness in the dollar and ensuing strength in their own nation’s currency by buying up [...]
With the new year just around the corner, it seems as if 2010 will go down as a generally positive year for investors. Despite numerous and somewhat serious lingering concerns over the health of the global economy, most asset classes have posted impressive gains on the year as the odds of a “double dip” have [...]
With the finish line in sight, 2010 has been a very interesting year for commodity investors; a number of products hit multi-year or all time record highs thanks to a weaker dollar, strong emerging market and supply issues across much of the globe. Most of the supply issues that have impacted commodity markets have been [...]
In the wake of the latest global recession, it is the emerging markets of the world that have emerged as the clear drivers of global growth. As a surging consumer segment propels China and India forward, resource-rich Latin America is well positioned to benefit from increased global demand for raw materials–particularly as the U.S. dollar [...]
When seeking out exposure to emerging markets, investors tend to gravitate towards the superstar economies of India and China, two markets that are expanding at mind-boggling rates as cities swell and the middle class becomes wealthier. But Latin America has been another critical driver of global GDP growth in recent years, as the resource-rich continent [...]