Feb 22 Wall Street’s record run helped emerging stocks sail to new 19-month highs on Wednesday with year-to-date gains of over 10 percent, while the rand firmed ahead of a key budget speech by the finance minister. MSCI’s emerging equity index firmed half a percent , led by a 1 percent rise in Hong Kong after New York shares hit record highs and European bourses were boosted by upbeat factory data in Germany and France.
Category: MSCI
Global Markets-Asian shares advance, dollar supported by March rate hike bets
Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U.S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, led by rebound in Australian shares .
Can Stellar ETF Gains Continue In 2017?
Many ETF investors want to know if the long bull market will persist in the new year. The phrase “shock and awe” may very well describe the feelings of many ETF investors when they take stock of their portfolios as a tumultuous and challenging year winds down.