ETFs to Watch June 18, 2012 (BND, EUO, GREK)
June 17 2012 3:45 AM EDT
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 EDT
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 EDT
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 EDT
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 EDT
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 EDT
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 EST
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 EST
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 EST
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.