- Xtrackers Harvest CSI 300 China A-Shares ETF suffered relatively more than others Friday after 2.08% dip IShares MBS ETF (down 0.307%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed Friday.
- Upbeat European markets ended Friday higher as CAC added 0.51% to trade at 7,577.
Friday's market activity meant that markets did not have a clear cut direction — Nasdaq closed at 12,072 after a flat day. Dow Jones closed 33,800 after a stable day.
US markets are set to open tomorrow in around 15 hours. In the meantime, European markets closed higher Friday whilst CAC rises by 0.51%, reaching 7,577. Asia-Pacific markets were down Friday as KOSPI Composite Index goes down to 2,544.4 (down 0.73%).
KB Financial Group Inc. & Cousins Properties Incorporated due to release their earnings reports within the following week.
Ambiguous macro data is influencing the market as United States Services PMI released Friday with a figure of 53.7, while the previous figure was 52.6. United States CFTC Crude Oil speculative net positions came out at 244,600. Fresh CFTC Gold speculative net positions data from United States came out at 189,900.
Data to be released tomorrow might clear up some of the market fog as United States Building Permits is scheduled for Tuesday. United States New Home Sales (Mar) will be released Tuesday. United States Consumer Confidence projected to decline to 104 while previous data was 104.2; data will be released Tuesday.
Despite lacklustre price action, some assets lagged behind their peers as Xtrackers Harvest CSI 300 China A-Shares ETF lost 2.08% Friday before closing at $29.19. IShares MBS ETF (down 0.307%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed Friday.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended Friday's session at $25.35
With around a month of flat trade under its belt, Pointing in a similar direction, Friday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 Friday.
IShares MBS ETF | -0.31% at $94.2
IShares MBS ETF slid down from $94.49 to $94.2, taking a 29 cents loss (0.31%) the fund disclosed a quarterly dividend of 25 cents per share on Tuesday, February 28th and was paid on Tuesday, March 7th — thereby generating a yield of 1.06% for all eligble investors.