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ETF Trending & News From Fund-King

repost-us-image-10448148 Asian shares mostly higher, dollar rebounds
Asian shares mostly higher, dollar rebounds (via AFP)

Asia’s markets mostly rose on Wednesday as investors brushed off a weak batch of data from the United States, while the dollar edged up against the yen. The euro also enjoyed support after European officials raised their growth forecasts, as the region…

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repost-us-image-10457421 China declares unusual currency depreciation ‘normal’
China declares unusual currency depreciation ‘normal’ (via AFP)

China said Wednesday that a sudden and unusual depreciation in the value of its tightly-controlled yuan currency was “normal”, but analysts believe the slide could be aimed at speculative funds. Communist authorities keep a tight grip on the yuan, also…

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repost-us-image-10450400 European stocks dip on poor data
European stocks dip on poor data (via AFP)

European stocks fell on Wednesday, with sentiment weighed down by disappointing US data, while the London market was also hit by news of a growth downgrade. The ruble fell to a record low level against the euro on concerns about growth in Russia and…

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repost-us-image-10437998 Bitcoin world in turmoil after exchange goes dark
Bitcoin world in turmoil after exchange goes dark (via AFP)

The Bitcoin community was thrown into turmoil Tuesday after the disappearance of what had been its biggest exchange, shaking confidence in the fast-growing virtual currency. Critics said the failure of the Tokyo-based MtGox exchange and the apparent…

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