Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
London copper prices tumbled on Wednesday to their lowest level since March 2021, dragged down by a robust U.S. dollar and weaker financial markets as fears over a global economic slowdown dented investor sentiment.
Euro zone government bond yields fell and spreads between core and periphery widened on Wednesday with investors rushing into safe-haven assets as risk appetite dropped on persistent worries about the economic outlook.
The rouble jumped on Wednesday to its strongest mark in seven years against the dollar and euro, supported by capital controls, a favourable upcoming tax period and Russia's trade surplus.
The Thai baht hit a fresh five-and-a-half-year low on Wednesday amid broader market weakness, which also kept other regional currencies under pressure, as investors fretted over higher global interest rates and rampant inflation.
Bharat Petroleum Corp Ltd (BPCL) has shut half of its crude processing capacity at its 240,000 barrels per day (bpd) Mumbai refinery in western India since June 10 to carry out maintenance, a company spokesman said.
Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus and Qatar's national carrier.
The books in the initial public offering (IPO) of Italy's De Nora are oversubscribed on the full deal size, including the greenshoe option, a memo from one of the bookrunners showed on Wednesday.
Sri Lanka will call China, India and Japan to a donor conference to drum up more foreign assistance to find a way out of its worsening economic crisis, the prime minister said on Wednesday, amid ongoing talks with the International Monetary Fund (IMF).
The Universal Beijing Resort said on Wednesday it will reopen on June 25 after being closed for nearly two months, as the number of new COVID-19 cases in the Chinese capital falls.
Australian buy now, pay later company Zip Co Ltd said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from soaring inflation and rising interest rates on its business.
The Turkish consumer confidence index dropped 6.2% to 63.4 points in June, official data showed on Wednesday, hitting a fresh record low as surging inflation and a beleaguered lira weighed further on sentiment.
Dalian iron ore futures tumbled on Wednesday to their lowest in 16 weeks, while a sell-off resumed in Singapore, as worries grew about an oversupply of steel in China, the world's biggest producer of the manufacturing and construction material.
The Spanish government intends to cut the value-added tax charged on electricity bills further, to 5% from the current 10%, Prime Minister Pedro Sanchez said on Wednesday.
Australian shares ended a choppy session lower on Wednesday, with mining and gold stocks leading the fall on weak commodity prices, while interest rate hikes and broadening inflationary pressures across the globe kept investors on edge.