Soccer’s World Cup can Affect Stock Markets
It seems that there are legitimate studies that show that a countries loss in a major sports competition like the World Cup can adversely affect that countries stock markets the next day says an article in MarketWatch.
New Frontier Market ETF from Claymore Has Expanded to 17 Countries
Bahrain, Chile, Columbia, Czech Republic, Egypt, Estonia, FRN, Frontier Market, Georgia, Issuers, Kazakhstan, Kuwait, Lebanon, Nigeria, Oman, Pakistan, Peru, Poland, Ukraine, United Arab Emirates
On June 12, 2008, Claymore Securities and The Bank of New York Mellon pioneered the only U.S.-listed frontier market ETF, known as Claymore/BNY Mellon Frontier Markets ETF (FRN). Two weeks after the launch of FRN, Claymore has announced a change to the underlying index meant to rebalance the markets. As a result of the change, [...]
