Countries All Drop -- India significantly, Japan only a little
11/16/2010 0 comments
MyPlanIQ tracks detailed weekly country economic trend movement. We use ETFs that represent each geographic region and present the results here.
This is the second week of coverage and with QE2 and G20 meetings behind us. Each sovereign nation will deal with their own challenges as they react changes on the international stage.
More details are available on the MyPlanIQ website.
The largest industrial nations are meeting in Seoul this week and one of the topics on the agenda is rebalancing global growth.
|
Nation |
Symbol |
15-Nov Trend Score |
Direction |
8-Nov Trend Score |
|
Hong Kong |
EWH |
16% |
v |
21% |
|
South Africa |
EZA |
14% |
v |
20% |
|
Singapore |
EWS |
13% |
v |
18% |
|
India |
INP |
12% |
v |
24% |
|
Mexico |
EWW |
12% |
v |
16% |
|
Malaysia |
EWM |
11% |
v |
16% |
|
South Korea |
EWY |
10% |
v |
15% |
|
Germany |
EWG |
8% |
v |
13% |
|
Taiwan |
EWT |
8% |
v |
13% |
|
United Kingdom |
EWU |
8% |
v |
12% |
|
Russia |
RSX |
7% |
v |
15% |
|
Canada |
EWC |
7% |
v |
11% |
|
Australia |
EWA |
7% |
v |
15% |
|
China |
FXI |
6% |
v |
12% |
|
Switzerland |
EWL |
6% |
v |
12% |
|
Belgium |
EWK |
5% |
v |
11% |
|
Austria |
EWO |
5% |
v |
11% |
|
Brazil |
EWZ |
5% |
v |
12% |
|
France |
EWQ |
4% |
v |
10% |
|
Japan |
EWJ |
4% |
v |
4% |
|
The Netherlands |
EWN |
4% |
v |
9% |
|
Italy |
EWI |
1% |
v |
5% |
|
Spain |
EWP |
-1% |
v |
1% |
India and Russia see the biggest change with India dropping out of the top three.
With the exception of India, the top of the group behave in a similar way as the markets pulled back in the second half of the week.
India will be one to watch to see if it bounces back next week.
The countries at the bottom of the list also reacted in a cluster dropping around 4% with the exception of Japan that has a much more muted response.
Clearly the last week has been a challenging one and we will have to watch which ones rebound and to what extent.
labels:investment,
Symbols:INP,EZA,EWS,EWH,EWW,EWM,EWY,RSX,EWA,EWT,EWC,EWZ,EWL,EWG,EWU,FXI,EWK,EWN,EWJ,EWQ,EWO,EWI,EWP,SPY,QQQQ,IWM,MDY,EFA,VEU,EEM,VWO,IYR,ICF,VNQ,GSG,DBC,DBA,USO,LQD,CSJ,CIU,HYG,JNK,PHB,TLT,IEF,SHY,SHV,BND,AGG,MUB,MBB,
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