BKF News and Press, iShares MSCI BRIC Index Fund From 01/06/21

A long history of extremely low yields in Japan suggests that low yields do not necessarily map to low returns. Amid the dramatic sell-off in risk assets in March 2020 as the global pandemic took hold, and again in September 2020 when equity markets pulled back sharply, government bon...

Latest data for BRIC Manufacturing PMIs indicates Brazil, India and China outperforming the global rate of recovery in the manufacturing sector. Russia, though, remained in contraction territory and well below the global growth mark. Global Manufacturing PMI stood at 53.5 in 4Q 20...

Largely tied to the fate of the US dollar, the underperformance of emerging markets relative to their developed counterparts may finally be ending. A rising US dollar causes the domestic currency of emerging economies to fall and inflation to rise amid weaker economic growth. On a...

The spread of coronavirus is the most important theme impacting the global foreign exchange market right now. Broad economic recovery should begin in the second half of 2021. The Swiss franc and New Zealand dollar look "overvalued." Conversely, the Canadian dollar and Japanese...

Global business cycles are closely interconnected. Global business cycles are closely synchronized. Global equity markets respond accordingly. For further details see: Investing In Foreign Markets Sounds Exciting - But Isn't Always

U.S. presidential elections and the spread of coronavirus are two most important themes impacting the global foreign exchange market right now. The Swiss franc and Australian dollar look "overvalued." The Canadian dollar is the most "undervalued" currency among the majors. F...

Brazil Composite PMI ended Q3 2020 on a reading of 51.6 - an improvement on 31.8 in 2Q 2020. Russia Composite PMI stood at a strong 55.9 reading in 3Q 2020, up on 32.6 in 2Q 2020 and signaling an end to 2 consecutive quarters of sub-50 readings. India Composite PMI remained in rec...

Brazil Services PMI stayed in the recession territory in 3Q 2020, with index reading coming in at 47.5, up on 30.3 in 2Q 2020, but still marking a third consecutive quarter of sub-50 readings. Russia Services PMI posted very strong recovery signals in 3Q 2020, although the September r...

BRIC economies have posted a significant improvement in Q3 Purchasing Managers' Indices in the Manufacturing sector. Overall, GDP-weighted BRIC Manufacturing Activity Index stood at 53.0 in 3Q 2020. This is above the Global Manufacturing Index (51.6) and up on 45.0 in 2Q 2020. ...

Brazil Manufacturing PMIs gained serious speed in 3Q 2020 compared to 2Q 2020. China Manufacturing PMI rose from 2Q 2020 reading of 50.4 to 3Q 2020 reading of 53.0. The ongoing recovery across the BRIC economies is faster than Global Manufacturing PMI recovery. For further d...