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Casino Stocks Bounce Back As Chinese Government Clarifies No Change To Macau Daily ATM Withdrawal Limit
Friday, December 9, 2016 - 11:02am | 402Read More...The Chinese government took casino investors on a wild ride Thursday when the imposition of new ATM transaction limits in Macau caught the market by surprise. The Drop Shares of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE:...
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China Stocks Edge Lower Following Trade Data
Thursday, December 8, 2016 - 12:16am | 302Read More...Chinese stocks were trading slightly lower on Thursday. The Shanghai Composite Index dropped 2.03 points, or 0.06 percent to 3,220.21, while the Shenzhen composite fell 0.09 percent to 541.28. China’s trade balance came in at CNY298.111 billion for November, versus expectations of CNY 320...
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China Markets Edge Higher; Yuan Gains Against Dollar
Monday, December 5, 2016 - 11:56pm | 265Read More...Chinese stocks were trading slightly higher on Tuesday. The Shanghai Composite Index gained 2.7 points, or 0.08 percent to 3,207.37, while the Shenzhen composite rose 0.4 percent to 537.86. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares fell 0.13 percent to close at $37.26 on...
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China Markets Open Lower After Italian Vote Result
Monday, December 5, 2016 - 12:06am | 253Read More...Chinese stocks were trading lower on Monday, as Italian Prime Minister Matteo Renzi vowed to resign after a defeat in a referendum on constitutional reforms. The Shanghai Composite Index dropped 41.4 points, or 1.28 percent to 3,202.47, while the Shenzhen composite fell 1 percent to 536.60....
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Chinese Markets Rise After OPEC Deal
Thursday, December 1, 2016 - 12:32am | 252Read More...Chinese stocks were trading higher on Thursday, as the OPEC agreed to reduce crude production by over 3 percent. The Shanghai Composite Index gained 17 points, or 0.52 percent to 3,267.00, while the Shenzhen composite rose 0.55 percent to 549.20. iShares FTSE/Xinhua China 25 Index (ETF) (...
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China Markets Rise; Yuan Gains Versus Dollar
Monday, November 28, 2016 - 1:32am | 235Read More...Chinese stocks were trading higher on Monday. The Shanghai Composite Index climbed 17.94 points, or 0.55 percent to 3,279.88, while the Shenzhen composite rose 0.37 percent to 553.11. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares rose 0.95 percent to close at $37.09 on...
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Chinese Stock Markets Trade Slightly Lower
Friday, November 25, 2016 - 12:03am | 265Read More...Chinese stocks were trading slightly lower on Friday. The Shanghai Composite Index dropped 3.82 points, or 0.12 percent to 3,237.92, while the Shenzhen composite fell 0.24 percent to 547.54. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares fell 0.38 percent to close at $36.74...
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China Markets Edge Higher; Yuan Down Against Dollar
Thursday, November 24, 2016 - 1:36am | 255Read More...Chinese stocks were trading slightly higher on Thursday. The Shanghai Composite Index gained 7.93 points, or 0.24 percent to 3,249.07, while the Shenzhen composite rose 0.27 percent to 550.98. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares fell 0.38 percent to close at $36.74...
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China Stock Markets Trading Higher
Tuesday, November 22, 2016 - 1:15am | 223Read More...Chinese stocks were trading higher on Tuesday. The Shanghai Composite Index gained 27 points, or 0.84 percent to 3,245.17, while the Shenzhen composite rose 0.46 percent to 549.19. iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA: FXI) shares rose 0.83 percent to close at $36.24 on Monday,...
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China Markets Slightly Lower; Yuan Slides Against US Dollar
Thursday, November 17, 2016 - 11:34pm | 243Read More...Chinese stocks were trading slightly lower on Friday. The Shanghai Composite Index dropped 4.7 points, or 0.15 percent to 3,203.79, while the Shenzhen composite fell 0.05 percent to 547.98. The Chinese yuan dropped against the dollar on Friday. The yuan was trading at 6.89 versus the...
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China Markets Down; Yuan Drops To Near Eight-Year Low
Tuesday, November 15, 2016 - 12:16am | 259Read More...Chinese stocks were trading slightly lower on Tuesday. The Shanghai Composite Index dropped 8.63 points, or 0.27 percent to 3,201.74. The China's yuan dropped to its lowest level in almost eight years on Tuesday. The central parity rate of the Chinese yuan dropped 0.30 percent to 6.8495...
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Chinese Yuan (CNY) Hits 6-Year Low Against US Dollar (USD)
Monday, October 24, 2016 - 5:58pm | 437Read More...Monday saw the central parity rate of the Chinese Yuan versus the U.S. Dollar hit a six-year low of 6.769 Renminbi per Dollar, as the U.S. currency strengthened on increased expectations of an interest rate hike. Traders said the Asian currency established around 6.77 after a massive sale of U....
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This Catalyst Could Reinvigorate Low Volatility ETFs
Monday, October 24, 2016 - 3:13pm | 586Read More...Plenty of bloom has come off the low volatility rose. That was especially true during the third quarter when high beta offered significant out-performance over the low volatility factor, but low volatility could have its day again. Looking To China A familiar catalyst, China, could be the reason...
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Should You Start To Worry? China Initiates 'Fire Sale' Of U.S. Equities
Thursday, June 16, 2016 - 2:03pm | 321Read More...China's central government has been selling off its U.S. Treasury holdings since 2014 and using the proceeds to support its currency, the yuan, and stem capital outflows. According to a report by Bloomberg, China has sold off roughly one quarter of one million dollars' worth of U.S. government debt...
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Stakes Have Never Been Higher Headed Into Annual U.S.-China Economic Meeting
Friday, May 27, 2016 - 1:39pm | 379Read More...June 6–7, U.S. and Chinese officials will be sitting down to discuss monetary policy, and the stakes for both nations have never been higher. Last August’s U.S. market selloff and much of the volatility since has been directly tied to worries about the health of the Chinese economy. But...
