Ever since China's stock woes escalated it seems all commodity-related trades have sunk under water. The Aussie took a nose dive vs. the two dominant safe havens, i.e. the US Dollar and the Japanese Yen, and turned range bound vs. the Kiwi.
In the not too distant past, there had been some signs of a tentative recovery in the Aussie. However, those signs quickly became mixed messages, offering nothing but false hope. Simply put, China continued to lose its grip on its financial system. Now, as always, China has been the wild card for the Aussie. We've already elaborated on the fact that China can't keep the Yuan high; at best, it can only slow its depreciation. But can China's latest actions be the springboard for the Aussie to rally? Continue reading "Speculative Bets On The Aussie To Rise?"
We're excited to introduce you to Chris brown.
After many month's of telling you about our man in Australia we decided to sit him down with Adam for a quick chat.
Feel free to contact Chris via email at [email protected] with any questions that you may have about the exciting Australian markets.
We hope you enjoy the interview.
The MarketClub Team
A recent article in the publication Barron's pointed out one of the big success stories in 2010 has been the growth of the ETF market. This market is expected to close out the year around $1 trillion up from $794 billion at year-end 2009.
For quite some time now we at MarketClub have been big fans of ETFs for investors. There are several reasons for this, but one of the great reasons is the easy way it allows investors to diversify their holdings not only across different markets, but also across different countries. We utilize this particular strategy in 2 popular ETF portfolios that we have constructed for MarketClub members.
Continue reading "Why ETFs are taking over the global markets"
The Vectors Russia ETF (SYMBOL: RSX) flashed a monthly green " Trade Triangle" signal at 33.08 today.
This ETF is part of MarketClub's Global Strategy Portfolio.