Greece

The Global X MSCI Greece ETF (NYSE: GREK), the only Greece exchange traded fund trading in the United States, is up 23 percent this year, underscoring the economic and equity market redemption stories happening in the once downtrodden Mediterranean economy. What Happened Not only is the $294.32-...

The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange traded fund dedicated to Greek equities, is up 22 percent this year. That's good for one of the better showings among emerging markets single-country ETFs and there could be reasons to expect more upside ahead for GREK....

Among the most repudiated single-country emerging markets exchange traded funds last year was the Global X MSCI Greece ETF (NYSE: GREK). The lone U.S.-listed ETF dedicated to Greek stocks plunged 31.2 percent last year, or more than the double the loss of the MSCI Emerging Markets Index. What...

The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange-traded fund dedicated to Greek stocks, is up 2.72 percent year-to-date. GREK is easily topping the 2018 performance of the MSCI Emerging Markets Index, a relevant comparison because Greece is classified as a developing economy...

Perhaps due to the struggles of the iShares MSCI Italy Index (ETF) (NYSE: EWI), the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is not the most notorious member of the quintet of single-country exchange-traded funds dedicated to PIIGS economies. Nor is GREK the worst performing member of...

Among developed market currencies, the euro is disappointing investors. Disappointing because many investors were betting various monetary stimulus efforts by the European Central Bank (ECB) would serve to weaken the common currency, but nearly eight months into 2016, the Guggenheim CurrencyShares...

Over the past year, none of the exchange-traded funds tracking the PIIGS economies have traded higher. In some cases, the losses incurred by these single-country ETFs are severe, but none are as bad as the Global X MSCI Greece ET (Global X Funds (NYSE: GREK)). GREK, the first and only ETF dedicated...

UBS's Art Cashin is no stranger to investors and is a frequent guest on CNBC. He offered his take on the ongoing stock market rally. Cashin pointed out that U.S. stocks took the lead from European stocks which surged higher. He noted that European stocks gained during their trading session on...

Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...

Signs of life for Greece’s economy and ability to stay in the European Union are piling up of late. Greece’s parliament recently approved austerity measures required to unlock its next wave of rescue funds from its creditors. The International Monetary Fund has called for “...

On a year-to-date basis, the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is the only single-country exchange-traded fund tracking a PIIGS economy that is trending upward. Then again, none of those ETFs have been nearly has bad as the iShares MSCI Italy Index (ETF) (NYSE: EWI). The...

As if its more than 40-percent decline over the past year does not confirm as much, The Guggenheim Shipping ETF (NYSE: SEA) has, pun fully intended, hit stormy seas. SEA's slide is not surprising. Waning emerging markets commodities demand has pressured the rates SEA's constituents can...

John Paulson's hedge fund, Paulson & Co., entered into a few risky investments that didn't pay off, as noted by ZeroHedge, which resulted in heavy losses and many investors fleeing the fund. Paulson invested millions of dollars into Greece in hopes that the struggling economy would...

2015 has been a difficult year for oil investors and companies, as crude prices plummeted and supplies far outweighed demand. Several different factors have weighed on oil over the past year, all of which have kept the market from rebounding. The global economy has been a major contributor to...