-
These China ETFs Are Ready To Rally
Thursday, March 3, 2016 - 2:08pm | 625Chinese stocks are struggling this year, and it hasn't made a difference whether stocks in question trade in Hong Kong or on the mainland, also known as A-shares. A benchmark exchange-traded fund tracking some of the largest Hong Kong-listed names is down 9.2 percent year-to-date. That is bad....
-
How Yuan Policy Affects China ETFs
Tuesday, February 23, 2016 - 1:22pm | 462The Chinese yuan is, undoubtedly, one of the most widely followed and controversial currencies in the world. Previously a lightening rod for U.S. politicians that believe China intentionally weakens the yuan to the benefit of its exporters and the detriment of U.S. companies, the yuan is now seen...
-
Where To Hide With ETFs When China Is A Problem
Tuesday, January 26, 2016 - 9:33am | 653Major emerging markets equity benchmarks have already notched double-digit declines just three weeks into January after doing the same last year, and China is a big reason why. Significant capital outflows from China are pressuring the yuan and the currency's decline is, in turn, weighing on...
-
Things Are Getting Interesting For This Dollar ETF
Tuesday, November 17, 2015 - 3:00pm | 574Some exchange-traded funds are really enjoying the diverging policies of major global central banks. For example, the People’s Bank of China (PBoC) recently delivered more yuan-depressing stimulus, and market participants are comfortable wagering the European Central Bank will add to its...
-
Chinese Yuan Could Fall Another 2.8% In 2015 And 17.8% By Year End 2016
Tuesday, September 15, 2015 - 4:29pm | 452According to a survey of economists conducted by CNNMoney, the Chinese yuan could fall another 2.8 percent – versus the U.S. dollar – by the end of the year. The currency is already down 2.6 percent since the beginning of 2015. Economists are worried this could impact other Asian...
-
Will Luxury Survive In Europe?
Tuesday, September 15, 2015 - 1:54pm | 408Europe's economic turmoil over the past few years may make the continent seem like an unlikely place for luxury brands to thrive. However, the weakened euro is having the opposite effect and drawing in tourists who want to pick up cheap goods at discount prices. This is especially true for Chinese...
-
Dennis Gartman Discusses Commodity-Linked Currencies, China's 'Vehemently Pro-Capitalism' Policies
Wednesday, September 9, 2015 - 3:31pm | 394Dennis Gartman publishes a daily publication called "The Gartman Letter" where he offers his latest opinion and analysis. On Wednesday, the investment pro discussed why it should be concerning that commodity-linked currencies are rising. At the time of publication, the Canadian dollar, among...
-
A Europe ETF That Endured The Yuan Devaluation...Sort Of
Wednesday, September 9, 2015 - 3:12pm | 611It has been almost a month since the People’s Bank of China (PBoC) devalued the yuan. Over that period, the WisdomTree Dreyfus Chinese Yuan Fd (ETF) (NYSE: CYB) has slid 4.2 percent, but plenty of other international exchange-traded funds have been affected by the Chinese currency's slide...
-
Are We Stuck In A Currency War?
Tuesday, September 8, 2015 - 1:11pm | 290Last month, the People's Bank of China devalued the nation's currency after Beijing's efforts to kickstart the stalling economy appeared to be failing. The yuan's slide caused market turmoil as investors worried about how a slowdown in China would affect the rest of the world and whether central...
-
Blame China If Your Treasury ETF Is Falling
Thursday, August 27, 2015 - 2:51pm | 631It sounds like a conversation one might have with his or her irascible grandfather or Donald Trump: The United States owes China a lot of money by way of all the U.S. Treasurys China has gobbled up over the years, and one day, China is going to come calling, wanting to be paid. That day may have...
-
Could The Falling Yuan Be A Good Thing?
Monday, August 17, 2015 - 8:21am | 342Last week, the People's Bank Of China allowed the yuan to fall sharply, causing chaos in share markets and drawing criticism from multinationals who said the move would hurt their businesses. Investors took notice of the sharply lower Chinese currency and abandoned firms who have a large...
-
Oil, Retail And More: This Week's ETFs To Watch
Sunday, August 16, 2015 - 7:18pm | 718U.S. stocks finished last week with modest gains, but those modest gains belie what was a wild week on Wall Street. Stocks surged last Monday, even with oil slumping to a six-year low. Then came news out of China that the central bank there moved to devalue the yuan. That news sent shockwaves...
-
How The Yuan Devaluation Is Killing Yum Brands
Thursday, August 13, 2015 - 7:41am | 367In a report published Thursday, Morgan Stanley analyst John Glass maintained an Equal-weight rating and price target of $82 on Yum! Brands, Inc. (NYSE: YUM). According to the Morgan Stanley report, "While the direct FX translation impact of the yuan devaluation on YUM's EPS is modest,...
-
Could The Yuan Derail The Fed's Rate Hike Plans?
Thursday, August 13, 2015 - 7:35am | 327The dollar lost some of its momentum on Wednesday as investors began to worry about whether or not predictions that the Federal Reserve will raise rates in September were accurate. Although the bank's rhetoric and United States economic data have pointed to a September rate hike, many worry...
-
How China's Devaluation Is Impacting Markets
Wednesday, August 12, 2015 - 8:26am | 444This week, the People's Bank of China's move to devalue the Chinese yuan roiled share markets and gave investors reason to question whether or not the nation's policy makers were truly working to liberalize Beijing's markets. As the dust settled following the decision, it appeared...