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Greece ETF Looks For A Clean Break
Tuesday, April 24, 2018 - 1:39pm | 539Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange-traded fund dedicated to Greek stocks, is up 2.72 percent year-to-date. GREK is easily topping the 2018 performance of the MSCI Emerging Markets Index, a relevant comparison because Greece is classified as a developing economy...
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The Up And Down Of The Greece ETF
Wednesday, October 12, 2016 - 2:46pm | 538Read More...Perhaps due to the struggles of the iShares MSCI Italy Index (ETF) (NYSE: EWI), the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is not the most notorious member of the quintet of single-country exchange-traded funds dedicated to PIIGS economies. Nor is GREK the worst performing member of...
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A Smart ETF Play On A Dependable European Market
Wednesday, August 24, 2016 - 12:14pm | 562Read More...Among developed market currencies, the euro is disappointing investors. Disappointing because many investors were betting various monetary stimulus efforts by the European Central Bank (ECB) would serve to weaken the common currency, but nearly eight months into 2016, the Guggenheim CurrencyShares...
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Greece ETF Needs A Shot Of Confidence
Thursday, July 7, 2016 - 9:31am | 556Read More...Over the past year, none of the exchange-traded funds tracking the PIIGS economies have traded higher. In some cases, the losses incurred by these single-country ETFs are severe, but none are as bad as the Global X MSCI Greece ET (Global X Funds (NYSE: GREK)). GREK, the first and only ETF dedicated...
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Why Is The Market Rallying? UBS's Art Cashin Offers His Take
Wednesday, May 25, 2016 - 2:50pm | 295Read More...UBS's Art Cashin is no stranger to investors and is a frequent guest on CNBC. He offered his take on the ongoing stock market rally. Cashin pointed out that U.S. stocks took the lead from European stocks which surged higher. He noted that European stocks gained during their trading session on...
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Asian Stocks Mostly Higher On 'Limited News Flow,' European Stocks Follow The Lead
Wednesday, May 25, 2016 - 8:28am | 289Read More...Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...
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If The IMF Believes In Greece, Should Investors?
Tuesday, May 24, 2016 - 12:37pm | 263Read More...Signs of life for Greece’s economy and ability to stay in the European Union are piling up of late. Greece’s parliament recently approved austerity measures required to unlock its next wave of rescue funds from its creditors. The International Monetary Fund has called for “...
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Asian, European Stocks Mostly Higher As Investors Follow Oil's Move
Tuesday, May 17, 2016 - 7:51am | 402Read More...Asian stocks were mostly higher on Tuesday as the price of oil continued to tick higher and the yen slightly dipped lower as a weaker yen is considered a positive for the country's exporters. Hong Kong's Hang Seng index gained 1.18 percent, Japan's Nikkei index gained 1.13 percent,...
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Italy ETF Waiting On Banking Reforms
Thursday, May 12, 2016 - 1:14pm | 521Read More...On a year-to-date basis, the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is the only single-country exchange-traded fund tracking a PIIGS economy that is trending upward. Then again, none of those ETFs have been nearly has bad as the iShares MSCI Italy Index (ETF) (NYSE: EWI). The...
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Jump Ship With This ETF
Friday, February 26, 2016 - 9:55am | 493Read More...As if its more than 40-percent decline over the past year does not confirm as much, The Guggenheim Shipping ETF (NYSE: SEA) has, pun fully intended, hit stormy seas. SEA's slide is not surprising. Waning emerging markets commodities demand has pressured the rates SEA's constituents can...
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John Paulson Puts Up Personal Holdings To Continue Longs In Greece, Puerto Rico & Mallinckrodt?
Tuesday, January 26, 2016 - 10:34am | 524Read More...John Paulson's hedge fund, Paulson & Co., entered into a few risky investments that didn't pay off, as noted by ZeroHedge, which resulted in heavy losses and many investors fleeing the fund. Paulson invested millions of dollars into Greece in hopes that the struggling economy would...
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What To Expect From Oil In 2016
Thursday, December 17, 2015 - 4:01pm | 1513Read More...2015 has been a difficult year for oil investors and companies, as crude prices plummeted and supplies far outweighed demand. Several different factors have weighed on oil over the past year, all of which have kept the market from rebounding. The global economy has been a major contributor to...
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HSBC's Top 10 Market Risks For 2016
Tuesday, December 8, 2015 - 2:17pm | 487Read More...In a new report, HSBC analyst Fredrik Nerbrand named the firm’s top 10 market risks for 2016. Here’s a breakdown of the list. 2016's Top 10 Risks 1. U.S. Capex Recovery In this scenario, U.S. labor markets will continue to improve leading to strong profits, higher capital spending, wage...
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Things Are Looking Brighter For Europe
Monday, October 12, 2015 - 1:41pm | 397Read More...It has been a turbulent year for the eurozone after investors quickly lost faith in the continent's ability to stick together throughout Greece's budget crisis. However, the region proved naysayers wrong and made it through a period of severe instability. Now, many are beginning to regain some...
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Greek Shippers Look For Better Deals Abroad
Thursday, October 1, 2015 - 8:42am | 420Read More...Greece's Syriza-led government is caught between a rock and a hard place now that it has agreed to EU mandated spending cuts in order to continue receiving its bailout payments. On one hand, Athens would be unable to stay afloat without continued financing from its EU creditors. However,...















