News on RiskMetrics (Ticker: MSCI) continually updated from thousands of sources around the net.
3 hrs ago | Bloomberg
Asian stocks climbed, halting the longest slump in the regional index since 2002, while copper jumped on a report China 's central bank is intensifying stimulus efforts. The dollar weakened against emerging-market currencies before the Federal Reserve reviews interest rates .
8 hrs ago | On Wall Street
The MSCI All-Country World Index fell 0.2% by 8:31 a.m. in New York, with Standard & Poor's retreating 0.2%. The yuan weakened after foreign investment plunged to a four-year low.
12 hrs ago | Barron's
The economies of Brazil, India, Indonesia, South Africa and Turkey were most punished last summer when the Fed indicated its bond buying program was winding down, causing an emerging-market selloff. Investors are mostly optimistic today: The iShares MSCI Turkey ETF has rallied 2.5% and the iShares MSCI Brazil Capped ETF has jumped 4%.
16 hrs ago | Business Wire
The mini MSCI Emerging Markets Index future achieved a daily volume record of 190,595 contracts on September 15. The previous daily volume record was 187,152 contracts on June 16, 2014. The mini MSCI Europe Index future traded 34,626 contracts on September 15; the previous daily record of 27,370 contracts was set on August 27, 2014.
India is the biggest overweight in CLSA 's Asia ex-Japan portfolio. The broker recommends a 16% weighting in India, versus the benchmark MSCI Asia ex-Japan 's 6.7%.
CNBC 's Jeff Cox this afternoon discussed on the channels' " Closing Bell " how the upcoming Alibaba Group Holding IPO, due this Friday, which is expected to be the largest U.S. offering ever, will not be included in some of the more prominent ETFs. Cox points out because of foreign ownership, the deal, expected to trade under " BABA " won't be eligible in some of the most widely held ETFs, such as the MSCI iShares family of indices.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Gold Miners Bull 3x Shares , which added 4,250,000 units, or a 24.5% increase week over week. Among the largest underlying components of NUGT, in morning trading today Market Vectors Gold Miners ETF is down about 0.1%.
Indeed, Brazil's Ibovespa Index is rallying by 1% today after declining roughly 6% last week. The iShares MSCI Brazil Capped ETF is up nearly one point, while the iShares MSCI Emerging Markets ETF has fallen 0.23% this morning.
The Turkish exchange suspended shares for a month, the result of alleged uncertainty over the bank's shareholder structure. Officials said bank stakeholders were largely unchanged for 18 years, ) was essentially flat Monday after sinking more than 7.5% last week.
For the month of September, the MSCI Emerging Markets Index was down 2.4% through Friday and had fallen nearly one point in trading Monday. The iShares MSCI Emerging Markets ETF tumbled 3% last week.
The mini MSCI Index futures complex traded 305,238 contracts on September 12; the previous record of 290,427 contracts was set on June 16, 2014, at that time on the NYSE Liffe US platform. Mini MSCI EAFE Index futures traded 139,164 contracts on September 12; the previous record of 77,471 contracts was set on June 13, 2014, at that time on the NYSE Liffe US platform.
Turkey's President Recep Tayyip Erdogan, center, and U.S. Secretary of State John Kerry after a meeting Ankara on Friday. It seems like a distraction in an otherwise rough week for Turkey's market.
The company announced that it was considering changing its rules last week, but did not explain the reason for the changes: questions from investors amid the Alibaba initial public offering, Reuters has learned from financial industry sources. Alibaba, a Chinese online retailer, plans to sell some $24 billion worth of shares next week on the New York Stock Exchange, in a listing that could be the biggest ever IPO.
Stock index provider MSCI Inc is considering changing its rules to allow shares of Alibaba Group Holding [IPO-BABA.N] and other companies that list their shares in faraway markets to be included in its widely used indexes. The company announced that it was considering changing its rules last week, but did not explain the reason for the changes: questions from investors amid the Alibaba initial public offering, Reuters has learned from financial industry sources.
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Updated: Tue Sep 16, 2014 07:39 pm
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