ERUS News and Press, iShares MSCI Russia From 09/15/23

2023-09-15 06:00:00 ET Summary The latest PMI data outlined renewed a contraction in developed markets while emerging markets growth, across both manufacturing and service sectors, slowed for a third month in a row. The rate of expansion for emerging markets remained marginally ab...

2023-09-07 05:00:00 ET Summary Global economic growth slowed for a third consecutive month in August, with falling factory output and weakened service sector growth. Developed world output contracted for the first time since January, indicating the intensifying drag on growth from...

2023-08-22 07:35:31 ET BRICS leaders, who are looking to transform their group into a geopolitical force that could threaten the West's dominance on the global stage, have converged for a three-day summit in South Africa that began on Monday. A notable exclusion is Russian...

2023-08-22 05:30:00 ET Summary Chairman Powell keeps reassuring us that the Fed is "data-dependent," but what do they do if some data is unclear or even flawed? There is a conflict between the ADP jobs data and the Labor Department's "seasonally adjusted" jobs data. In recent mont...

2023-08-15 05:55:35 ET Russia's central bank sharply raised its key interest rate by a whopping 350 basis points to 12% from 8.5% at an emergency meeting on Tuesday, as the Kremlin moves to stem the rapid weakening of the ruble. The Bank of Russia said the decision was aim...

2023-07-31 05:56:24 ET Former Russian President Dmitry Medvedev said Moscow would be forced to use a nuclear weapon if Ukraine's counteroffensive turned out successful and stressed that Russian armed forces are "keeping global nuclear fire from flaring up." Ukrainian drones&#x...

2023-07-27 07:03:23 ET The U.S. government will likely reach out to Western allies to remind them to adhere to the price cap on Russian crude oil exports by ship, Reuters reported citing sources, as prices have risen above the limit. The G7 countries, Australia and the European Union ha...

Summary Traders will focus on the FOMC decision, but they should also closely watch mega-cap tech earnings and the nonfarm payroll report. Economic data releases include India’s fiscal deficit, eight infrastructure industries, and both manufacturing and services PMIs. Cryptos...

Summary It will be a busy week filled with the first look at Q4 GDP, corporate earnings, and US debt ceiling gridlock. The EU flash PMIs early in the week will be of keen interest as investors continue to assess how much trouble the economy is in. While the UK PMIs would typically b...

Summary It will be a busy week filled with a wide range of economic indicators, lots of Fed speak, and earnings season heats up. The run-up to the February ECB meeting is going to bring immense focus on incoming data and central bank speak. So it turns out the UK may have just about...