Equity markets remain plagued with volatility as Euro zone debt woes weigh down on investors’ confidence. Uncertainty stemming from the debt burdened currency bloc continues to dominate headlines all over the globe as investors anxiously await for EU leaders to bring forth a comprehensive plan that ensures the region won’t succumb to a potentially devastating financial crisis. Prospects for the U.S. economic recovery are slowly improving following a better-than-expected retail sales report, which paved the way higher for domestic equity indexes on Tuesday. Gold prices remain range-bound between $1,750 and $1,800 an ounce, while crude oil on the other hand has been charging full steam ahead. Prices for the precious fossil fuel have soared over the past few weeks, and crude oil futures closed above the $101 a barrel as Wednesday’s trading session drew to a close. [click to continue…]
After another up-down week dominated by Euro zone debt drama, domestic equity indexes managed to clinch a gain amidst the volatility. Investor sentiment swayed wildly as the anticipation of Italian Prime Minister Berlusconi’s resignation coupled with ongoing Italian debt woes sparked sell-offs one day and rallies the next, across virtually every corner of the global [...]
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 Confidence in the currency bloc quickly returned however as the Greeks rescinded their referendum and bullish investors were [...]
Last week was turbulent one for equities as the Greek debt situation dominated headlines. The week opened up on a dismal note as the news came that a Greek referendum was in place in regards to the planned bailout package. Equities tanked for the following two days, only to recover on the Fed’s comments, or [...]
WisdomTree, the issuer behind a number of popular international debt ETFs, followed through today on the previously announced conversion of its Dreyfus New Zealand Dollar Fund (previously traded under the ticker BNZ) to the Australian & New Zealand Debt Fund (AUNZ). The revised fund will continue to be actively managed, with the investment objective changing [...]
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 [...]
Wall Street regained some lost ground last week as investors appeared less fearful to jump back into the equity markets. Corporate earnings were mostly upbeat, although several big financial institutions missed estimates while Apple and Google both blew past analyst predictions. Emerging market equity indexes also ended the week in green territory. Gold took a [...]
WisdomTree completed a number of previously announced changes to its ETF lineup this week, making minor changes to seven of the company’s equity funds. Four ETFs received new tickers as a result of the overhaul:
Equities across the globe continued their sluggish performance for most of last week, and while broad indexes managed to climb into positive territory the last few trading sessions, the week as a whole was fairly turbulent with no real movement in either direction. Gold climbed higher amidst uncertainty in the financial markets, closing the week [...]
With more than 1,200 products in a lineup that adds dozens of new funds every month, navigating through the ETF universe has become an increasingly challenging task in recent years. Innovation in the space has given investors more options than ever before for accessing asset classes and investment strategies that may have previously been out [...]
Last week was relatively quiet on the domestic front, with most major indexes posting a string of relatively uneventful sessions. The real action came overseas, where investors kept a careful eye on the development in Egypt, which have cast uncertainty over much of the global economy for the last few weeks. After Mubarak stepped down [...]
