Jul
02Jul
02Amidst the recent rally across the equity markets, India based equity exchange traded funds have turned in impressive performance.
For instance, WisdomTree India Earnings Fund has logged six straight “up” days and has risen over 8% in this timeframe alone, surging through its 50-day moving average and the ETF is within shouting distance of its longer term 200-day moving average .
EPI is based on a fundamentally weighted index consisting of India based equities and ranked according to profitability .
Other potential ways to invest in India equities from the long side in ETF/ETN world are PowerShares India , iPath MSCI India ETN , Emerging Global Shares India Infrastructure , Emerging Global Shares India Small Cap , iShares S&P India Nifty Fifty and Direxion Daily India Bull 2x Shares .
WisdomTree India Earnings Fund
Jul
02Retail turnover fell a seasonally adjusted 0.6 percent in May, following a rise of 1.2 percent the month prior.
According to the Australian Bureau of Statistics, the fall in turnover was driven by a 1.8 percent drop in Clothing, footwear and personal accessory retailing, a 1.6 percent fall in Other retailing, a 1.4 percent dip in Department store retailing, an 0.4 percent fall in Food retailing and an 0.2 percent fall in Household goods retailing
Turnover rose only in Café’s, restaurants and takeaway food services, by a relatively flat 0.4 percent.
Turnover fell most sharply in New South Wales, by 1.2 percent, and Victoria, by 1.1 percent. Turnover also slipped in South Australia (-0.7 percent), the ACT (-0.6 percent) and Tasmania (-0.2 percent).
It was unchanged in Queensland (0.0 percent) and rose 0.1 percent in the Northern Territory and 0.8 percent in Western Australia.
In trend terms, turnover rose 0.3 percent for the month, following on from a rise of 0.3 percent in April and the same figure for March.
Trend turnover rose 2.4 percent in May, compared with May 2010.
Jul
01Stock market dealing could be a good source of additional revenue and help you on your road to independence. If you would like to live nicely, you have to have a stable revenue stream.
A technique to earn big profits is by becoming concerned in day-trading. If you do not like long-term investments, day-trading could be the answer for you. By making an investment in day trading you should expect the profits to be in your account a lot quicker. This is among the reasons which explain why day-trading is hip nowadays. By learning the right strategies you’re able to earn money in a down or up market.
Like any trading system, day-trading involves hazards of losing money. It is possible to earn large returns one day and have massive losses the next. The easiest way to stop Like other trades, day-trading also involves risks . As a trader, you will not stay active all of the time. Did you know with a good trading technique, you can earn big money in seconds, mins, and hours? This is possible however it will take coaching and time. You cannot plunge into things when you are studying the market. Take it slow ; make a careful and in depth market research to make an excellent deal. I
Jul
01There’s a lot of dough at stake when you pay for something.
Three of the four largest U.S. banks are launching a system that lets customers transfer money from their checking accounts using only a mobile number or e-mail address, The Associated Press reports this morning.
As The Wall Street Journal reports:
You know those fees. It’s Only Money calls them swipe fees, and they’ve been the subject of regulatory and consumer crackdowns. Bank of America just agreed to pay $410 million to settle one of a large number of class-action lawsuits alleging big banks imposed excessive and unfair overdraft fees.
The new payment system will be operated jointly by Bank of America, JPMorgan Chase & Co. and Wells Fargo & Co. and will be made available to their customers. They say the service, called clearXchange, will make payments easier than traditional money transfers, which require a bank routing number and move through a system controlled by Federal Reserve banks
The banks noted that clearXchange is linked to existing accounts, so customers don’t have to sign up and provide new personal information as they would with PayPal, AP reports.
The move comes as eBay Inc. unit PayPal and Google Inc.
