ETF / Finance

China ETFs get a PBOC Boost Following Fed Interest Rate Increase

From ETF Trends
March 17, 2017 - 11:52am
Some well-known China exchange traded funds surged Thursday after the People’s Bank of China followed the Federal Reserve in raising borrowing costs. In fact, 260 ETFs hit 52-week highs yesterday, 10 of which were China funds and that does not include a broad swath of diversified emerging markets ETFs with significant exposure to the largest…

Continue reading this article »