|Bid||38.70 x 46000|
|Ask||38.71 x 27000|
|Day's range||38.54 - 38.95|
|52-week range||37.36 - 50.99|
|PE ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.09|
|Expense ratio (net)||0.14%|
Among the emerging market (VEU) currencies, the Argentinian peso, Turkish (TUR) lira, Indonesia rupiah, and Indian rupee are declining to all-time lows. The US dollar is also strengthening against all major currencies, including those of emerging markets. As the US dollar strengthens and interest rates rise, the cost of servicing US debt for other countries goes up.
As the U.S. dollar rallies, other nations, especially those with emerging markets, are suffering from weakening currencies against the benchmark. Starting with the crash of the Turkish lira a few weeks ago, the Mexican peso, Argentinean peso, South African rand, and Indonesian rupiah have all crashed in a very short span of time.
Multiple key Asian economies released their Purchasing Managers' Index data for July this week. Most countries noted diminished production during the month, but why was this the case? Let's take a closer look.
In the previous part of this series, we discussed Howard Marks’ latest views on FANG stocks and saw that he is concerned about high-growth technology stocks and the risk to the equity market (SPY). The billionaire investor shared a particular interest in emerging markets. Emerging economies have been showing substantial improvements in recent years. Better domestic demand, changes in demographics, and improvements in consumer spending have been boosting investors’ confidence.
NATALIA GURUSHINA: Welcome, I’m Natalia Gurushina, Chief Emerging Markets Economist at VanEck. With global rates normalizing, geopolitics still posing major risks, and with one of the longest bull runs in U.S. stocks apparently stalling, 2018 might be a year of paradigm shift. I am here today with VanEck CEO, Jan van Eck, to discuss his outlook, macroeconomic outlook, and also to talk about his views on the most appealing opportunities in this challenging environment. So let me ask you a very simple question first: Is there still an investment case for real assets, including commodities?
E*TRADE Financial Corporation today announced it has surpassed 250 commission-free ETFs with the addition of 46 ETFs from six providers to its Commission-Free ETF Pr
Investors are yanking money from emerging-market exchange traded funds as rising interest rates in the U.S. weaken emerging-market assets.