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Robust Liquidity For This High-Yield Bond ETF
Thursday, July 7, 2016 - 8:25am | 498A common criticism and arguably debunked myth surrounding high-yield corporate bond exchange-traded funds is that liquidity, during times of market stress, can be hard to come by. Simply because some critics hold a particular point of view does not make it accurate, and there have been plenty of...
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Bank Loan ETFs Enjoy Stellar Second Quarter
Tuesday, July 5, 2016 - 2:46pm | 512Among the exchange-traded funds benefiting from investors' thirst for yield and fixed income are bank loan funds, including the PowerShares Exchange-Traded Fund Trust II (NYSE: BKLN) and the actively managed SSGA Actice ETF Trust (NYSE: SRLN). Floating rate notes and senior loans are unique in...
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Will IHS Offset Energy Sector Slump With Markit Merger?
Wednesday, June 29, 2016 - 2:50pm | 338Argus Research said the Markit merger would help IHS Inc. (NYSE: IHS) diversify its revenue base to financials and offset the downturn in energy sector. The Merger IHS agreed to merge with London-based financial information services provider Markit on March 21. The merged entity will be called IHS...
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Short Sellers Lay Into Some Of This ETF's Holdings
Tuesday, June 14, 2016 - 3:32pm | 512The conventional wisdom that rising oil prices often pinch refining equities is holding true this year as the VanEck Vectors Oil Refiners ETF (NYSE: CRAK) is off nearly 5.6 percent. That compares with a year-to-date gain of 11.4 percent for the Energy Select Sector SPDR (ETF) (NYSE: XLE), the...
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Bond Market Highlights Portugal ETF's Struggles
Tuesday, June 14, 2016 - 2:12pm | 507The Global X FTSE Portugal 20 ETF (NYSE: PGAL), the lone exchange-traded fund dedicated to Portuguese stocks, is down four percent year-to-date. While that performance puts PGAL ahead of some well-known broad eurozone ETFs, the Portugal ETF could be doing better. Struggling Financials Weighing On...
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Maybe Some Relief For The Spain ETF
Tuesday, June 14, 2016 - 9:51am | 489The iShares MSCI Spain Capped ETF (NYSE: EWP), the largest exchange-traded fund tracking stocks in the eurozone's fourth-largest economy, is down 8.2 percent this year. Financials As is the case with other members of the PIIGS group, there have been lingering concerns about the health of...
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Investors Really Like Emerging Markets' Bonds ETFs, Too
Thursday, June 9, 2016 - 1:38pm | 516In the wake of the disappointing May jobs report, which significantly reduced the chances of the Federal Reserve raising interest rates this month or next month, data suggest investors are renewing their affinity for emerging markets exchange-traded funds. The same is certainly true when it comes...
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A Catalyst For Emerging Markets ETFs
Wednesday, June 8, 2016 - 8:28am | 520The slack May jobs report clearly is not derailing riskier assets, as stocks are soaring this month. So is oil, as crude hit $50 per barrel for the first time in 11 months on Tuesday. Emerging markets stocks and exchange-traded funds are also getting a lift. It is easy to understand why. Although...
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What U.K. ETFs Are Saying About Brexit
Tuesday, June 7, 2016 - 1:49pm | 586With the Brexit vote determining Great Britain's fate in the European Union (EU) drawing closer, now is a good time to check in with U.K. exchange-traded funds, some of which have been under pressure due to intensifying Brexit speculation. Financial markets are not enthusiastic about the...
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Guess What? Junk Bond ETFs Love Oil's Resurgence
Tuesday, June 7, 2016 - 8:27am | 632In news that is not exactly stunning to seasoned followers of the high-yield corporate bond market, junk bonds and the related exchange-traded funds are enjoying oil's rebound. After all, it was slumping oil prices and the specter of high-yield energy sector defaults that dragged on junk bond...
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Global Equities Rally Ahead Of Friday's Nonfarm Payrolls Data
Friday, June 3, 2016 - 7:53am | 382Asian stocks were mostly higher on Friday ahead of the U.S. government's release of May's nonfarm payrolls. Analysts surveyed by Reuters are looking for the economy to have added 164,000 jobs in May. Investors and traders from across the globe will likely be paying closer attention than...
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Another Fed Test For Utilities ETFs
Wednesday, May 25, 2016 - 8:17am | 591Solidifying the notion that boring can be beautiful, the utilities sector and its relevant exchange-traded funds are acting like the NASDAQ of the 1990s. Well, that is hyperbole, but the Utilities SPDR (ETF) (NYSE: XLU) is up 12.5 percent year-to-date. Utilities ETFs And The S&P Additionally,...
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Rate Hike Speculation Isn't Chasing Investors From Treasury ETFs...Yet
Monday, May 23, 2016 - 1:16pm | 528Meeting minutes revealed by the Federal Open Market Committee (FOMC) last week showed that the Federal Reserve could boost interest rates at its June meeting. Bond markets reacted accordingly. On May 17, Fed funds futures priced in just a 12 percent chance of a June rate hike. By May 18, that...
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Not Just Oil Hampering The Nigeria ETF
Wednesday, May 18, 2016 - 4:13pm | 521Maybe oil is not hampering the Global X MSCI Nigeria ETF ( Global X Funds (NYSE: NGE) at all — not with the United States Brent Oil Fund, LP (NYSE: BNO) being up 23.8 percent year-to-date and NGE being the only exchange-traded fund dedicated to equities in Africa's largest oil-producing...
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Short Covering May Be Retail ETF's Best Hope
Monday, May 16, 2016 - 9:35am | 533These are not the best of days for traditional retail stocks and the exchange-traded funds that hold those stocks. The SPDR S&P Retail ETF (NYSE: XRT) is down 5.1 percent year-to-date, which some may argue does not sound all that bad. At least not until realizing the retail ETF tumbled 4.6...