Emerging market ETF breakdown reveals the bears to watch
From a technical point of view, emerging markets have gotten a nice lift over the last week. But not all slices of the globe have bounced back equally.
Tag Archives: YAO
China’s economic growth slows as US and European demand remains weak
China’s economic growth in the first quarter of 2012 dipped to a slower than expected 8.1%, down from 8.9% the previous quarter and the slowest rate in three years.
Weakening EU demand expands UK trade deficit
Britain’s trade deficit rose to £8.8 billion ($14 billion) in February from £7.9 billion in January, according to the Office for National Statistics.
UK retail sales rise, boosting hopes for a recovery
Retail sales in the United Kingdom rose 1.3% last month over a year earlier, according to the British Retail Consortium (BRC), raising the prospects of a British economic recovery.
Slump in China imports raises recovery doubts
While Chinese exports grew more than expected – 8.9% – in March, signaling increased global demand, imports grew by just 5.3%, down from February’s 39.6% jump.
Rising inflation in China weighs on Asian markets
China’s inflation rate rose by a greater than expected 3.6% from a year earlier, up from February’s 3.2% increase, as food and fuel costs continued to climb.
Samsung profits nearly double despite weak U.S. & European demand
Samsung has announced that its profits nearly doubled to $5.1 billion during the first quarter of 2012, as the world’s largest smart phone manufacturer saw its sales climb.
Dismal Spanish bond sale prompts debt fears
A tepid response to Spain’s latest bond sale is stroking fears about weaker Eurozone economies’ abilities to repay their debts. The Spanish government hoped to sell 3.5 billion euros ($4.6 billion) in medium-term bonds, but only sold 2.6 billion euros worth.