- ETFs to Watch June 18, 2012 (BND, EUO, GREK)
June 17 2012 3:45 AM
Here is the ETF Professor's ETF Watch List for Monday June 18, 2012.The Global X FTSE Greece 20 ETF (NYSE: GREK) and the Vanguard MSCI Europe ETF (NYSE: VGK) will be in the spotlight.
- Gold Falls More Than 2 Percent, Dollar Jumps
September 19 2011 5:31 PM
Gold lost its appeal as a safe haven on Monday, falling over 2 percent as fears of a Greek debt default and larger euro zone problems drove investors into bonds and the dollar.
- Japan's Foreign Reserves Hit All-Time High
September 07 2011 6:56 AM
Japan's foreign reserves surged to an all-time high in August after it spent a record amount to intervene in the currency market, aiming to curb a sharp yen rise that could derail the economy's recovery from the March earthquake and tsunami.
- Analysis: Pegging Swiss Franc to Euro May Lift Gold to $2,000
September 06 2011 1:11 PM
Switzerland's decision to peg the erstwhile safe-haven franc to the euro may finally give gold bugs the chance to see prices hit the once-unimaginable $2,000 an ounce mark, as the metal holds on track for its strongest annual rally in three decades.
- Gold off Session High after Swiss Link Franc, Euro
September 06 2011 10:59 AM
Gold fell from record highs on Tuesday after Switzerland's decision to peg its currency to the euro shook financial markets and sparked a broad flight to liquidity, but the metal is set for fresh gains as the franc's safe-haven status wanes.
- Freeport McMoRan's Indonesian Workers Set Sept. 15 Strike Date
September 06 2011 7:45 AM
Freeport McMoRan Copper & Gold's Indonesia mine workers are set to strike from Sept. 15 to Oct. 15 unless the firm meets their demands for a pay rise, Julia Parorongan, the firm's workers union spokeswoman, told Reuters on Tuesday.
- More Interesting ETF Stats From 2010
January 18 2011 11:47 AM
ETFs still have a long way to go when it comes to global market dominance for risk assets Nicholas Colas, chief market strategist at ConvergEx group, said an interview with the Financial Times.
- iShares Plans Another China ETF
January 17 2011 3:28 PM
BlackRock's (NYSE: BLK) iShares business, the largest U.S. ETF issuer by assets, has filed plans to introduce another China-specific ETF in an effort to bolster its control over an ETF niche it already dominates with the iShares/FTSE Xinhua China 25 Index Fund (NYSE: FXI).
- India's gold demand likely to recover to pre-crisis level: WGC
November 12 2010 6:37 AM
Indian gold demand is likely to recover near to its pre-credit crunch level following the fall in demand in 2009, said World Gold Council (WGC) on Friday in a report titled India: Hear of Gold.