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After Moody’s Investors Service’s decided to delay its decision on Turkey’s credit rating, investors jumped back into the emerging market in search of higher yields, pushing the country-specific exchange traded fund above its long-term trend line. The iShares MSCI Turkey ETF (NYSEArca: TUR) rose 3.0% Monday, testing its resistance at the 50- and 200-day simple […]

Turkish stocks and country-specific exchange traded fund continued its downward spiral Thursday after President Recep Tayyip Erdogan’s announced a state of emergency and concerns over capital flight in the face of further credit downgrades. The iShares MSCI Turkey ETF (NYSEArca: TUR) fell 2.9% Thursday after plunging 13.5% over the past week. Turkish markets continued to fall Thursday […]

The Saudi Arabia country-specific exchange traded fund surged Monday on prospects the kingdom will enact economic reforms to gradually diversify away from its reliance on crude oil. The iShares MSCI Saudi Arabia Capped ETF (NYSEArca: KSA) rose 4.9% on Monday. KSA increased 18.2% over the past three months but it was still down 4.1% year-to-date. […]

Low crude oil environment has dragged on Saudi Arabia’s economy Moody’s said Wednesday it was downgrading Saudi Arabia’s banking system from “stable” to “negative” Moody’s also projected Saudi Arabia’s real gross domestic product to slow to 1.5% for 2016 and 2% in 2017 The ongoing low crude oil environment has dragged on Saudi Arabia’s economy […]

Turkish stocks and country-specific exchange traded fund plunged Tuesday on escalating tensions between Turkey and Russia after the downing of a Russian jet added to a long list of concerns. The iShares MSCI Turkey ETF (NYSEArca: TUR) dropped 4.5% Tuesday, falling below its short-term 50-day simple moving average and reversing the gains from the recent […]

This article was written by Banu Asik Elizondo, senior portfolio manager on the Emerging Market Debt team, focuses on both sovereign analysis and portfolio management. After two years of continuous negotiations, the P5+1 — the United Nations Security Council’s five permanent members (China, France, Russia, the UK and the US) plus Germany — agreed to […]

The Turkey exchange traded fund has fallen off over the past week after a string of attacks in the region and an uncertain political environment weighed on investors. However, some believe the recent sell-off has left a more appealing entry point. Over the past week, the iShares MSCI Turkey ETF (NYSEArca: TUR) has plunged 7.9%. […]

Turkey’s weekend election results added to further political uncertainty as the ruling AK Party failed to garner a parliament majority, sending Turkish equities and country-specific exchange traded fund in free fall. The iShares MSCI Turkey ETF (NYSEArca: TUR) plunged 6.8% Monday. TUR has declined 14.5% year-to-date. Turkish President Tayyip Erdogan hoped for a crushing victory […]

The Qatar country-specific exchange traded fund plunged Wednesday and briefly tested its short-term supporting level after a sweeping probe alleged rampant corruption in FIFA over bids for the World Cup. The iShares MSCI Qatar Capped ETF (NasdaqGM: QAT) fell as much as 2.3% early Wednesday but somewhat parred the steep losses in afternoon trading. In […]

Various economies and country-related exchange traded funds could react differently as we see a rebound in crude oil prices. Major oil producers will enjoy a reprieve in their energy-induced sell-off, but large consumers may find their wallets a little lighter after paying for higher energy costs. “If sustained, higher oil prices would reduce the gains […]

Prime Minister Recep Tayyip Erdogan’s win in Turkey’s first direct presidential election could provide the political pressure for interest rate cuts, potentially promoting growth and lifting the stock market and related country-specific exchange traded fund. Erdogan has been calling for interest rate cuts to stimulate economic growth after the economy is expected to slowed to […]

Stocks and equity-based exchange traded funds have remained relatively range bound over July, dancing around back-and-forth, as investors weighed geopolitical volatility overseas against stronger economic data. Over the past month, the Dow Jones Industrial Average, the Nasdaq Composite and the S&P 500 all declined about 0.2%. The top performing non-leveraged ETFs over July include iShares […]

In an attempt to head off a spike in energy prices and rising consumer prices, Egypt’s central bank unexpectedly hiked interest rates, putting pressure on growth and the country-related exchange traded fund. The Market Vectors Egypt Index ETF (NYSEArca: EGPT) dipped 0.2% Thursday. EGPT has surged 28.4% year-to-date. The Monetary Policy Committee raised its benchmark […]

Geopolitical volatility and uncertainty has riled global markets this year, with the most recent skirmishes between Israeli’s military and Hamas pressuring  dedicated Israel exchange traded funds. The iShares MSCI Israel Capped ETF (NYSEArca: EIS) fell 1.3% Tuesday while the Market Vectors Israel ETF (NYSEArca: ISRA) dipped 1.1%. Nevertheless, EIS is still up 8.2% and ISRA […]

After former Egyptian army chief Abdel Fattah al-Sisi’s win in the presidential election, Egypt exchange traded fund plunged Thursday on a new capital gains tax for investors and the new administration’s unclear objective for the economy. The Market Vectors Egypt Index ETF (NYSEArca: EGPT) fell 5.2% Thursday. EGPT, though, is still up 32.4% year-to-date. The […]

Riding the wave of improved sentiment toward emerging markets and relief over the outcome of municipal elections, the Turkey exchange traded fund is testing its long-term trend line. The iShares MSCI Turkey ETF (NYSEArca: TUR) has jumped 23.0% over the past month. The ETF now trades about 1.4% above its 200-day exponential moving average. “The […]

For as bad as things have been for emerging markets equities this year, the 1.8% year-to-date losses sported by the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and the iShares MSCI Emerging Markets ETF (NYSEArca: EEM) are not dreadful. Factor in Thursday’s action, and VWO and EEM are close to drawing even on the year. […]

Turkish stocks and the related exchange traded fund stumbled Tuesday on concerns the political situation there is deteriorating as some call for the prime minister’s resignation. The iShares MSCI Turkey ETF (NYSEArca: TUR) declined 3.7% Tuesday. TUR is down 22.3% over the past three months. [ETF Chart of the Day: Talking Turkey] The Borsa Instabul […]

Imagine the allure of equity markets that are soaring while providing investors with global exposure and strong dividend yields without the often irksome correlations to developed and emerging markets stocks. That combination may sound hard to obtain. Actually, it is not. That much has been proven since the start of 2013 as select Middle East […]

The economic and political problems in developing economies sent waves through the global markets. Nevertheless, the emerging markets should still be a part of a diversified global portfolio, and investors can utilize exchange traded funds to navigate the world. For starters, investors can avoid troubled countries, like Argentina, Brazil, Indonesia, Turkey and South Africa, and […]

I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market. This Thursday, I focused on the WisdomTree Middle East Dividend Fund (NYSEArca: GULF). While the emerging markets are faltering, frontier markets in the Middle East seem […]

A prominent theme tied to emerging markets in recent months has been a spate of central bank actions. Primarily, developing world central banks have been raising interest rates as a means of defending sagging currencies. Conventional wisdom dictates that it usually takes several months for an interest rate change, in either direction, to make an […]

Amid political strife and a tumbling lira, Turkish stocks, along with related country-specific exchange traded fund, appear inexpensive with financial firms falling below book value for the first time in five years. The iShares MSCI Turkey ETF (NYSEArca: TUR) has 40.1% over the past year. TUR’s holdings are trading at a price-to-prospective earnings of 8.4. […]

Here is a factoid that illustrates just how bad things are for foreign exchange traded funds this year: With a year-to-date gain of 1.7% heading into Thursday’s session, the iShares MSCI New Zealand Capped ETF (NYSEArca: ENZL) was on the list of the 10 best foreign, non-leveraged ETFs. That is not a knock on New […]

The Turkey exchange traded fund plunged Thursday and the Turkish lira fell to a record low after a shakedown in Prime Minister Recep Tayyip Erdogan’s cabinet on graft allegations. The iShares MSCI Turkey ETF (NYSEArca: TUR) fell 6.9% Thursday. TUR is down 24.0% year-to-date. Prime Minister Erdogan fired four ministers and announced a new cabinet […]

After political instability and repeated protests swept the country, the Egyptian government is injecting money into the economy, bolstering the Egypt related exchange traded fund, with the Egyptian benchmark edging to its highest level in almost three years. The Market Vectors Egypt ETF (NYSEArca: EGPT) has surged 52.2% since the June 24 low. EGPT is […]

The U.S. financial services sector has gotten plenty of attention this year. Returns accrued by major exchange traded funds tracking the sector justify the adulation. Some would even argue that U.S. bank stocks are not getting the respect they deserve. Others point to the recovery in European bank shares as a positive catalyst for Eurozone […]

The Turkey exchange traded fund is regaining some lost ground after Turkish stocks plunged Monday on a slew of corruption charges. The iShares MSCI Turkey ETF (NYSEArca: TUR) is up 2.1% Tuesday after falling 5% Monday. The ETF is down 19.9% year-to-date. [Be Choosy With Emerging Market ETFs] Suleyman Aslan, CEO of Turkiye Halk Bankasi […]

Frontier markets exchange traded funds, led by the iShares MSCI Frontier 100 ETF (NYSEArca: FM), have witnessed a noticeable uptick in popularity this year. From a return perspective, the adulation is well-deserve. Year-to-date, FM has surged 18.5% while the iShares MSCI Emerging Markets Index (NYSEArca: EEM) is down 4.6%. The PowerShares MENA Frontier Countries Portfolio […]

The PowerShares QQQ (NasdaqGS: QQQ) will welcome hotel operator Marriott International (NasdaqGS: MAR) to its lineup in the coming weeks. In a statement released Monday evening, NASDAQ OMX confirmed Marriot “will become a component of the NASDAQ-100 Index (Nasdaq: NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) prior to market open on Monday, November […]