U.S. investors bail out of Indonesian ETFs

The Market Vectors Indonesia ETF, managed by emerging market-focused index investor Van Eck Global, slumped 7.6 percent in U.S. trading on Tuesday and closed overnight at the deepest discount to net asset value since it listed in January 2009. An ETF focused on Indonesian small-caps fell 8.6 percent. Tuesday’s slide means the ETF, an investor favourite till as late as April this year, has now lost a third of its value over the past three months. The MSCI Emerging Markets index meanwhile is down a little over 8 percent over the same period.
Source: http://www.reuters.com/article/2013/08/28/markets-indonesia-etf-idUSL4N0GT0GD20130828

Nothing screams shadow banking quite like a leveraged loan ETF

Here she learned the details of derivatives, the absurdities of accounting and the various structures of … erm … structured finance. She now covers big US banks for the FT paper, including Goldman Sachs and Morgan Stanley. She pops up on FT Alphaville every once in a while.
Source: http://ftalphaville.ft.com/2013/08/27/1567502/nothing-screams-shadow-banking-quite-like-a-leveraged-loan-etf/

More Good News for Europe: Weekly International ETF Report

– ETF News And Commentary Is the Thailand ETF in Trouble? – ETF News And Commentary By Zacks.com , August 27, 2013, 12:33:46 PM EDT Vote up Thailand has emerged as a strong economy among the emerging markets in the past few years. The country was one of the brighter spots in the first half this year when emerging markets have clearly been out of favor for investors. Though this was not enough, the product is a top more? info… performing nation from a five-year look with over 113% returns in the same period, suggesting that the country has not only held up well in the market uncertainty but has also been a long-term outperformer.
Source: http://www.nasdaq.com/article/is-the-thailand-etf-in-trouble-etf-news-and-commentary-cm270641

Gold Climbs Higher: Weekly Gold ETF Update

The chart below depicts the trading activity in the SPDR Gold Trust ETF (NYSEARCA:GLD) during the past 180 days (Chart courtesy of Stockcharts.com ). As was the case with the spot price of gold, GLD made its big move on Friday, when it surged 1.57 percent after the dismal report on New Home Sales. GLDs Relative Strength Index jumped to 68.75 from last weeks 65.08. The MACD and the signal line are both climbing higher, suggesting a continued advance. Why Is Anti-Gold Bug Dennis Hartman Buying Into Gold? The following is a summary of how precious metal spot prices and ETFs performed from the close on Friday, August 16 until the close on Friday, August 23: Gold ETF Update: Gold Spot Price: $1,396.30/oz, +1.51% SPDR Gold Trust ETF (NYSEARCA:GLD): +1.74%, This ETF reflects the current price and trends of Gold Bullion and so offers exposure to the gold market within a brokerage account. The gold spot price for NYSEARCA:GLD is determined by the 24 hour global over-the-counter (OTC) gold market. The SPDR Gold Trust ETF (NYSEARCA:GLD) is the worlds largest gold ETF and second largest ETF in existence.
Source: http://wallstreetsectorselector.com/2013/08/gold-climbs-higher-weekly-gold-etf-update/

Is the Thailand ETF in Trouble? – ETF News And Commentary

The economic picture from the surveys is therefore coming into line with policymakers expectations of a modest yet still fragile return to growth. The upturn is being led by Germany, where growth accelerated again in August, driven in turn by rising domestic and export demand. A big question mark still hangs over Frances ability to return to sustained growth. Although the French PMI is well above the lows seen earlier in the year, August saw a slight steepening in the rate of contraction, notably in services which points to lacklustre domestic demand. The dataflow continued to improve outside of France and Germany, suggesting that a long-awaited recovery seems to be taking shape in the periphery. Output and orders rose at the strongest rates since early-2011, with a broad-based improvement in domestic and export sales suggesting that the recovery is also looking more sustainable. The week concluded with a report from the European Commission that the August flash reading on its Eurozone consumer confidence indicator rose to a less bad negative 15.6 from Julys 17.4. For the greater, 27-nation European Union, consumer confidence rose to negative 12.8 from Julys negative 14.8.
Source: http://wallstreetsectorselector.com/2013/08/more-good-news-for-europe-weekly-international-etf-report/


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