iShares MSCI New Zealand ETF
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The S&P 500 (SPY) rallied 5.7% this week but remains down 5.4% since the close on "Liberation Day" on 4/2. The average country ETF is down 4% since 4/2, so SPY has underperformed that since Trump's Rose Garden announcement. Asian countries like Vietnam (VNAM) and Thailand (THD) had some of the harshest reciprocal tariffs announced on Liberation Day, and since the pause, these two have bounced back 16.7% and 14.1%.
The iShares MSCI New Zealand ETF covers 25 of the largest stocks from the MSCI New Zealand All Cap Index. ENZL's performance over the last 4 years has been largely disappointing. New Zealand's macroeconomic backdrop looks troubling, with GDP contraction and struggling services and manufacturing sectors, though further interest rate cuts may offer some relief.
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage points less at +44.5%. Looking at the international dividend ETF over a longer time frame, over the last five years, it's up 20.6% in price and more than double that on a total return basis.
This week opened with a deluge of 15 new ETFs on Monday, with only a single launch occurring after that. Perhaps the most notable of the debuts was the first buffer ETF from iShares.
The Rugby Union World Cup starts in France on September 8. Prepare for several weeks of sweaty scrums, rambunctious rucks and muscular mauls.
U.S. stock market performance remains robust.
NZD/USD has recently staged a breakout above a short-term resistance level of approximately 0.6580. While NZD/USD offers no carry-trade appeal, New Zealand does seem to have weathered the recent COVID-19 crisis of 2020 better than the United States from a terms of trade perspective.
Is it really the right time for New Zealand to weaken ties with its neighbour after a long history of cooperation?
Former Strictly Come Dancing professional Brendan Cole and his beloved wife Zoe will renew their wedding vows to celebrate a decade of marriage
It will be a magnificent boost for women's football in Australia and I have no doubt that as hosts, Australia and our New Zealand cousins will deliver an outstanding tournament." New Zealand Sports Minister Grant Robertson "I am delighted at this incredible opportunity.
Incumbent Michael Hooper is no certainty to captain the Wallabies in their next test, with new coach Dave Rennie insisting it isn't yet on his agenda.
Ricky Stuart wanted Hudson Young to feel the pain of what he was missing out on during last year's finals as he was suspended for eye gouging.
Many former Pakistani players have questioned India's performance in the game against England in the 2019 World Cup. The reason for the accusations being that, India's loss led to Pakistan getting out of the tournament.
BRISBANE, Australia (AP) — Australia’s revamped Super Rugby competition will feature seven experimental rules designed to increase the attacking element of the game and enhance it as a spectacle...
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Dhoni, a veteran of 90 Tests, 350 ODIs and 98 T20Is and captain of three ICC tournament winning team, last played for India in their World Cup 2019 semifinal against New Zealand last July.
China Reports Increase in Exports, Fall in Imports
MediPharm Labs Corp. (TSE: LABS) (OTC: MEDIF) announced that its subsidiary has entered into a two years supply agreement with a New Zealand company. MediPharm Labs Australia...
The COVID-19 Coronavirus has dramatically altered the investment landscape and indexes have fallen into bear market territory. This article will review internat