WisdomTree India Earnings Fund
Aging Population May Keep Global Growth Muted
An aging population is likely to keep global economic growth muted in the years to come. This is primarily because the dynamics of the population are rapidly changing.
India’s Trade Deficit Falls as Value of Oil Imports Drops
With a falling trade deficit, the WisdomTree India Earnings ETF and the Direxion Daily India Bull 3X Shares rose 1.1% and 4.5%, respectively, as of December 15.
G20 leaders are emphasizing fiscal policies
The G20 finance ministers and central bank governors emphasized the role of fiscal policy in building confidence and supporting domestic demand.
Facebook’s WhatsApp Making Progress with India’s Payments Market
Facebook (FB) has been trying to come up with a mobile payment service for WhatsApp in India (EPI) for quite some time.
EM Fundamentals Look Healthy Despite Recent Volatility
The title of Shakespeare’s sixteenth century play “Much ado about nothing” is now a common phrase that translates to making a big fuss out of something insubstantial. How might this relate to current market noise on emerging markets? Emerging markets (or EM) continue to face volatility in today’s investment environment, but these swings are perennial […]
US and China avoid contentious issues at the APEC meeting
Both China and the US decided to steer clear of more contentious issues at the meeting. Accordingly, the disputes over Hong Kong and cyber space were not even brought up.
Why Volatility Is Likely to Stay High
With growth projections of most major economies falling, it is likely that volatility will stay elevated.
Will India Be Able to Balance China’s Falling Apple iPhone Sales?
Apple’s sales in China fell by 26% year-over-year in fiscal 2Q16 to $12.5 billion. Sales more than doubled for Apple between fiscal 2Q12 and fiscal 2Q15.
Why Brazil’s central bank is making a hawkish move on the Selic
On October 29, the central bank’s monetary policy committee in Brazil raised the benchmark Selic interest rate by 25 basis points to 11.25%. The increase was an attempt to fight inflation.
Analyzing the immediate impact of the announcement by the RBI
The Reserve Bank of India (or RBI) is India’s central bank. It maintained the status quo on its key rates in its fifth bi-monthly monetary policy statement. The statement was released on December 2, 2014.
What Factors Could Impact Netflix in Developing Markets?
Netflix’s business model could be hampered by low Internet penetration or low usage of Internet-connected devices in international territories.
Why emerging markets offer value to your portfolio
Truth: Emerging markets offer value. Given that they’re generally growing faster than their developed world counterparts, emerging markets still look cheap by most metrics.
India’s Manufacturing Contracts in December 2015
India accounts for ~2.5% of the world’s GDP, and manufacturing activity accounts for ~17% of India’s GDP. The Nikkei India manufacturing index fell by 1.2 points to 49.1 in December.
Why demand for gold may be waning around the world
The fraction of total gold output held by central banks around the world has continued to decrease over the last decade and a sharp reversal in this trend is unlikely.
Facebook Determined to Make Money in Africa
Through Internet.org, Facebook offers various countries in the developing world a free app that enables users there to access certain websites and apps without any data charges.
Improved Manufacturing in India, But Recovery?
The Nikkei India Manufacturing PMI for April 2017 matched its reading for the previous month.
SUNE’s TerraForm Global Goes Public, to Focus on Emerging Markets
After launching TerraForm Power (TERP) in 2014, SunEdison (SUNE) launched an IPO of its much hyped emerging market yieldco, TerraForm Global (GLBL), in July 2015.
Why is gold so important in India?
India is the largest gold importer in the world, yet the government continues adding limitations to importing gold into the country Many factors—including low credit and the continued depreciation of the Indian Rupee—have led the government to instill several gold importing restrictions since the beginning of the year. It seems now that every few weeks, the […]
Must-know: Why did the Indian rupee free-fall in 2013?
India’s current account deficit rose to 4.8% of GDP in 2012–2013, largely financed through hot money flows, and exceeded the government’s target level of 2.5% to 3% of GDP.
Delhivery Raises $85 Million: Signifies India’s E-Commerce Growth
According to a May 6 report from TechCrunch, Indian e-commerce logistics startup Delhivery raised $85 million in funding a few months after it raised $35 million.
Beyond the Ephemeral: Pay Attention to Demographics
Lost in all the chatter about interest rates is a structural phenomenon that may be of far greater significance: demographics.
Reactions to and implications of the carbon tax repeal
The prices of electricity and retail gas in Australia have increased over the years. According to the Australia Bureau of Statistics, from June, 2007, to December, 2012, average electricity prices increased by 70%.
Why the long-term prospects for the BRICS network are positive
Because of its burgeoning autonomy, long-term prospects are positive for the BRICS network as well as the other emerging economies that will inevitably join it.
Consumer Activity Is on the Rise in India
Consumer spending in India (INDL) stood at ~17.8 trillion rupees in 4Q16, an 11% increase compared to 16.0 trillion rupees in 3Q16.
Why It’s Important to Keep an Eye on India’s CPI Inflation
Though India’s CPI inflation has come down, certain risk factors could cause it to rise again.
Must-know: Divergence is the new trend in the global economy
Economic growth is strengthening in some parts of the world, while it’s slipping in others. In other words, as I mentioned in a post earlier this week, the major trend in the global economy is one of increasing divergence, rather than slower growth.
Indian Steel Ministry: A Message for US Steelmakers
Recently, the Indian Steel Ministry expressed concern about rising steel prices. It said that steelmakers shouldn’t be allowed to “exploit the country.”
The Modi Effect: Transforming India One Step at a Time
Global investors’ perception of India has dramatically transformed in the last two years.
Recommendation: Look to select areas of emerging market debt
Select areas of the EM debt sector hold good potential, as many of these countries exhibit low leverage levels and are currently funded through year-end.
Plunging Oil Causes Turmoil In High Yield Bond Markets
The turmoil in high yield bond markets has left more than 18% of junk bond issuers at distressed levels. Investors should avoid the scary junk bond segment.
Why India Is So Important for Global Pharma
There are several compelling reasons for India’s rising pharma stature, including inexpensive labor, strong government support, and lower production costs.
Coming Full Circle: Revisiting India’s History
This resurgence in economic strength can be largely attributed to then finance minister Manmohan Singh’s new economic policy of liberalization, privatization, and globalization.
Indian Pharma: Analyzing the Tailwinds for Growth
India’s strength within the pharmaceutical sector can be seen in the sheer number of pharmaceutical manufacturing plants in the country, which number approximately 10,500.
Apple May Be Finding the Music Streaming Business Tough
Apple is still willing to take a plunge into the music streaming market because of this market’s huge growth potential.
India’s perennial problem: A current account deficit
EM countries become less reliant on short-term foreign capital funding, as evident in improved current account balances and a shift toward longer-term foreign direct investment.
Will Foxconn Benefit by Investing in India’s Smartphone Market?
India has the fastest growing smartphone market. It could overtake the US smartphone market by 2017. The growth potential is attracting many foreign players.
Will uncertainty about global growth and public finances continue?
Eastern countries may seem to be in a better position compared to their western counterparts. But you can’t turn a blind eye to the country-specific or macroeconomic challenges that face these economies either.
Silk Road: Jinping promises new connections ahead of APEC meeting
The new Silk Road plan involves the revival and linking of key corridors. According to Jinping, the Silk Road is not merely about building roads and bridges to facilitate linear connections.
Symposium theme: The future of central banking
The symposium featured focused presentations and discussions on specific issues related to the future of central banking. There was also a panel discussion of eminent central bankers from across the globe.
Why Chinese stocks are a bargain at current prices
Chinese equities look like a good long-term value considering that it’s still growing faster than developed countries and other EM countries.
Must-know: What option does Brazil have?
Currently, Brazil’s inflation is already above the 6.5% limit. Higher inflation tends to weaken the currency—the Brazilian real. The real is already following a depreciating trend.
Why Brazil looks expensive compared to the BRIC nations
Looking at the price-to-earnings (or P/E) multiple for Brazil over the last two years, equity shoppers may find that Brazil became a bit more expensive.
Why Brazil’s economy has more than 1 issue
Upswings and downswings in growth in the Brazilian economy are directly reflected in the performance of the iShares MSCI Brazil Capped ETF (EWZ).
Why Brazil’s political landscape is important
The political landscape in Brazil is interesting. Even though it endured centuries of political unrest and discrimination, Brazil now enjoys the political rule of a democratic government.
Is gold losing its shine? Gold’s role in your portfolio
Following its sell-off, gold’s role in a portfolio is back in focus. With investors asking if now is the time to buy or sell the precious metal, Russ K weighs in with his view.
Why the Make in India campaign is key to manufacturing
India’s newly formed government intends to strengthen ties with the U.S. in the manufacturing domain. “The Make in India campaign is a Lion’s Step towards making the country a destination for global manufacturing,” said Modi.
Should you worry about the growing debt in emerging markets?
Overall, emerging markets have debt levels relative to both gross domestic product and income that are still considerably lower than those of developed markets.
Emerging markets are better positioned for the end of cheap money
Most major emerging economies are engaging in various forms of multi-year reform programs in hopes of making their growth less volatile and their financial systems more stable.
Must-know: Why investors avoid stocks in their portfolio
Why do some investors shy away from stocks? Behavioral finance studies have found that investors are roughly twice as sensitive to losses as they are to gains.
Overview: The must-know characteristics of frontier markets
Looking for the next frontier in emerging market investing? Del Stafford dives into these underdeveloped countries to assess the investment case.
Must-know: Why a retirement crisis is looming in the US
Unfortunately, given the global economy’s aging population and slowing growth, there are two major issues that foretell a coming retirement funding crisis.
Modi invites Japan to transform India into a major factory center
Indian Prime Minister Narendra Modi embarked on his five-day visit to Japan on August 30 with the belief that India and Japan can make history by working together in several areas, like digital, solar energy, technology, and skills.
BRICS are drifting away from US and European monetary structures
The BRICS countries are slowly but surely drifting away from the 20th Century monetary and political structures setup by the U.S. and Europe, as characterized by Russia’s G8 membership being revoked in the wake of the events in Crimea.
Must-know: The BRICS alternative to the World Bank and IMF
The Summit produced some strong results, not least of which is the formal establishment of the New Development Bank after more than a year of speculative talks.
Key highlight: The new BRICS Contingent Reserve Arrangement
Another highlight of the Summit was the Contingent Reserve Arrangement – a reserve pool worth 100 billion USD to be set aside for liquidity measures and crisis protection – which will work in tandem with the NDB.
Must-know: What an increasing number of dependents means
The U.S. (IVV) would have a lesser number of dependents per 100 people of working age in 2050 than countries like China (FXI), Japan (EWJ), Brazil (EWZ), and South Korea in 2050—it would still suffer from lesser productivity and slower growth.
Must-know: Why international dividend funds give you better value
While stocks offer better value than bonds, I would bring up exposure to international and global dividend funds rather than focus exclusively on U.S. dividend funds, which look more expensive.
Must-know: Investor outlook—emerging market equities
With China (FXI) announcing a gross domestic product (or GDP) growth rate of 7.5% for the second quarter and Turkey’s central bank governor suggesting additional interest-rate cuts, emerging markets seem all set to rise.
APEC economic leaders come together
The association seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. APEC also supports sustainable economic growth, better living standards, and a shared sense of community and interests among member nations.
Must-know changes to frontier market investments
Next month, two countries will officially graduate out of the MSCI frontier markets universe and enter the world of emerging markets: Qatar and the United Arab Emirates (or UAE).
Inflation is tapering down and stabilizing in emerging markets
Brazil (EWZ) and India, in particular, are still struggling with stubbornly high inflation due to supply-side factors. This is partly why Brazil’s central bank is busy hiking rates despite the country’s growth challenges.
Why frontier and emerging markets are separate asset classes
With all the turmoil in emerging markets recently, some investors may be especially wary of investing in so-called frontier markets. Russ explains why frontier and emerging markets are separate asset classes, each deserving of a strategic allocation.
India Announces Tax Reforms to Spark Its Economy
On Friday, India’s Finance Minister announced tax reforms to reignite the country’s economy. Its corporate tax rate fell by 8 percentage points to 22%.
Indian Indexes Are in Green as Other Asian Indexes Are Cautious
Indian indexes were the best-performing ones in Asia today. The S&P BSE Sensex gained 0.4% to close at 39,592 while the NSE Nifty 50 gained 0.43% to close at 11,848. Out of the 30 stocks in Sensex, 19 gained, and the remaining lost. With 1.64% gains, HDFC Bank (HDB) was one of the top gainers.
India and Indonesia Indexes Gain as Most Other Asian Indexes Fall
India’s two key indexes, the NSE Nifty 50 and the S&P BSE Sensex, broke their losing streak even as most Asia-Pacific indexes ended in the red. The S&P BSE Sensex gained 0.8%, while the NSE Nifty 50 rose 0.83%. Both the indexes maintained upward momentum throughout the day.
Indian and Indonesian Indexes Stay Steady, but Taiwan Index Falls
Just like some of the other Asian indexes, Indian indexes closed almost flat today. The S&P BSE Sensex lost four basis points, while the NSE Nifty 50 gained seven basis points.
Indian Indexes Fell, Indonesia Was the Best Performer
The NIFTY 50 and the BSE Sensex fell on May 29. The NIFTY 50 fell 0.57% and ended at 11,861.10. The BSE Sensex fell 0.62% and ended at 39,502.05.
Indian Indexes Celebrate Another Term for Modi
The S&P BSE Sensex rose 1.61% on May 24 and closed at 39,435. The NIFTY 50 fell 1.6% and ended the day at 11,844.10.
Indian Indexes Gain ahead of the Vote Count
Ahead of the day of the vote count on May 23, both the main Indian indexes gained. The S&P BSE Sensex gained 0.36%, while the NIFTY 50 rose 0.25%.
Indian Indexes Retreat as Exit Poll Euphoria Wanes
After skyrocketing on May 20, Indian indexes shed some mass on May 21. The benchmark BSE Sensex dropped 383 points (0.97%).
Why Should You Expect Indian ETFs to Gain Big Today?
After almost six weeks and seven phases, voting for the next government in India ended on May 18.
Indian Indexes Continue to Gain on Mixed Day for Asian Equities
Indian indexes, which are having turbulent times like other world indexes, rose on value-buying opportunities today.
Afternoon Surge Boosts Indian Indexes on May 16
Both the S&P BSE SENSEX and the NIFTY 50 surged in the afternoon of May 16 to end up in the green.
Indian Indexes Fell Sharply in Late Trading on May 13
Late selling pressure dragged both the S&P BSE Sensex and the NIFTY 50 down on May 13.
Indian Markets Seem Cautious ahead of Trade Talk Outcome
Indian markets remained cautious on May 10. The S&P BSE SENSEX dropped 0.26%, while the NSE NIFTY 50 dropped 0.2%.
Indian Indexes Remained Pressured on May 9
SENSEX and NIFTY continue to slide The S&P BSE SENSEX fell 0.61% to 37,558.91 while the NSE NIFTY 50 fell 0.51% on May 9. The oil and gas sector was the biggest loser as Reliance Industries Limited, an oil and gas major and the largest component of both indexes, was downgraded by Morgan Stanley to […]
India Was Impacted the Least by the Asia Mayhem
Despite the fall, India remained the best-performing market, or least impacted, in the Asia-Pacific region on May 6.
India Markets Face These Headwinds
The key driver behind the rise in Indian markets this year has been expectations that the current Narendra Modi led government will be voted back to power this year.
Despite Record Highs, India Underperformed Emerging Markets
The iShares MSCI India ETF (INDA) and the Wisdom Tree India Earnings Fund (EPI), ETFs that invest in Indian equities, have risen 6.8% and 7.6%, respectively, this year.
Trade War: Trump Picks New Targets as China Talks Wrap Up
Recent statements from the Trump administration suggest that the United States and China might resolve their trade disputes.
ICICI or HDFC: Which Indian Bank Are Analysts Bullish On?
IBN’s mean consensus price target of 391.8 Indian rupees represents a potential upside of 11.2% over its closing price on December 7.
Indian ADRs in Focus as Key Election Results Loom
In this article, we’ll see how the Indian election results could affect the Indian economy and Indian American depositary receipts.
How Tencent Is Increasing Its Presence in India
Chinese technology giants Tencent Holdings and Alibaba have spent billions of dollars on acquiring stakes in Asian startups, emulating Japanese company Softbank’s model.
What’s IBM’s Value Proposition in the IT Consulting Space?
On January 26, 2018, International Business Machines (IBM) with a market cap of approximately $155 billion continued to be the largest player by market capitalization in the IT consulting space.
A Look at Uber’s Deal with SoftBank
A consortium that includes Tencent Holdings (TCEHY) and is led by Japan’s (EWJ) SoftBank won a bid to buy a 15% stake in Uber Technologies.
Amazon Unveils Amazon Prime in Southeast Asia
Amazon (AMZN) has finally launched its Prime membership in Singapore, thus expanding its reach in the fastest growing region of Southeast Asia.
Understanding IBM’s Value Proposition in the IT Consulting Space
IBM was trading at a forward EV-to-EBITDA multiple of ~9.25x on November 11, 2017.
How Amazon Is Increasing Its Presence in India
Technology giant Amazon (AMZN) has been increasing its presence in India (EPI), one of the fastest-growing major economies.
Smartphone Penetration May Reach 66% Globally in 2018
About 66.5% of adults in 52 key countries are expected to own a smartphone in 2018. That percentage is up from 63.0% in 2017 and 58.0% in 2016.
India’s Service Sector Activity Strengthened at the End of 2Q17
The service sector PMI (purchasing mangers’ index) in India (INDA) rose to 53.1 in June 2017, compared to 52.2 in May.
Why Manufacturing Activity in India Fell in June 2017
Uncertainty related to India’s new goods and services tax, which was implemented on July 1, 2017, seemed to affect India’s manufacturing activity in June 2017.
Is Consumer Spending Rising in India amid Reforms in 2017?
Consumer spending in India (INDA) is expected to grow via remonetization and other reforms undertaken by its government in 2017.
India’s Rising Trade Deficit and the 2017 Rupee Uptrend
The trade gap in India (INDA) continued to widen in June 2017. In the month, it stood at $12.9 billion, a 59.7% rise year-over-year (or YoY) and a 6% fall month-over-month.
Will India’s Low Inflationary Trend Sustain in 2H17?
Consumer prices in India (INDY) rose 1.5% year-over-year in June 2017, slowing sharply from their 2.2% rise in May 2017.
Indian Equities Continue to Attract Investor Attention in July
Sensex, India’s (EPI) benchmark index, closed above the 32,000 mark for the first time on July 13, 2017.
Why Investors Must Focus on Quality Asian Stocks
The Bloomberg J.P. Morgan Asia Dollar Index, which tracks the ten most active currencies in the region (excluding Japan), has spiked 3.4% since December 28.
What’s in the Stars for FOXA’s STAR India Network?
21st Century Fox’s (FOXA) Star India is the largest media network in India (EPI). The network broadcasts and produces programming for 51 channels in seven languages.
Why India’s Manufacturing Lost Momentum in May
Manufacturing activity in India lost momentum in May 2017, with the India Manufacturing PMI (purchasing managers’ index) recording a decline.
Inside India’s Inflation in May 2017
Consumer price inflation in India stood at ~2.2% on a YoY (year-over-year) basis in May 2017, as compared to its 2.99% rise in April 2017.
What Happened to Growth in India in Fiscal 4Q16
Economic growth in India (INDA) slowed during the country’s fiscal 4Q16 (January 2017–March 2017), revealing the impact of demonetization.