You’d think the Australian stock market would be doing rather well. But how is the Aussie index ASX200 really holding up?
January 14th, 2012 | Nickolai Hubble | 2 comments | ContinuedAll Posts Tagged With: "ETF"
ETFs as a Resource Investment
In America, you’ll find two new exchange traded funds (ETF) linked to commodities. Global X Funds has launched an ETF for tracking sliver miners (NYSE:SIL) and an ETF for tracking global copper miners (NYSE:COPX). From our very cursory, the main rationale for both funds is higher demand for industrial metals, which more or less implies a recovery in the global economy.
April 21st, 2010 | Dan Denning | 0 comments | Continued
Trade Deficit Still High by Historic Standards
On the surface, the week begins with a tale of two economies, each headed in seemingly opposite directions. In Australia, retail sales rose in November by 1.4% to over $20 billion, according to ABS data released last week. It was the strongest monthly rise in eight months. And that was before Christmas shopping really got under way.
January 11th, 2010 | Dan Denning | 2 comments | Continued
Gold in the Next Stage of a Bull Market
Gold is on track for its best monthly performance in a decade. The money metal reached $1,180 earlier this week, another all-time high.
November 30th, 2009 | Addison Wiggin | 1 comment | Continued
