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TrackInsight: Large Cap Asian Pacific Stocks see performance boost

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07/03/2019 | 11:30am EDT

ETFs replicating Large Cap Asian Pacific Stocks experienced a boost in performance on average during Tuesday, July 2nd.

ETFs replicating Large Cap Asian Pacific Stocks experienced a boost in performance of +1,66% on average during Tuesday, July 2nd. After the meeting between Donald Trump and Xi Jinping in Japan during the G20 last saturday, Asia Pacific stocks seem to be reacting positively. Indeed, the two presidents eased the tensions between their respective countries, and revived talks in order to limit the trade war they are running for over a year. Trump decided to give up on potential tariffs that would have covered over $300Bn of Chinese goods. Actually, this meeting showed appeasement of the tensions, but the main issues are remaining intact and the trade war is still running. Over one month, Asian Pacific Stocks are doing very well since they are up by +9,02%, and year-to-date by +15,11%. 20 ETFs are tracking 7 indices related to Asian Pacific Large Cap Stocks, and they gather a total of $19,30Bn of assets under management.


© www.trackinsight.com 2019
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