Market Vectors Germany Small-Cap ETF (GERJ) - NYSEARCA
GERJ is defunct since December 13, 2014. Lack of investor interest
  • Dec. 15, 2013, 1:46 AM
    • It's taken three months since Germany's general election, but only now is the country finally to get a new government after the left-leaning Social Democrats (SPD) overwhelmingly voted to join Chancellor Angela Merkel's conservatives in a grand coalition.
    • The new government is due to be sworn on Tuesday, with Wolfgang Schaeuble expected to remain Finance Minister and SPD leader Sigmar Gabriel reportedly becoming Economy Minister and Vice Chancellor.
    • ETFs: EWG, BUND, EWGS, GERJ, BUNL, FGM, BUNT, GGOV, DBGR, DXGE
    | Dec. 15, 2013, 1:46 AM
  • Dec. 11, 2013, 2:23 AM
    • As expected, German CPI rose 0.2% on month in November following a drop of 0.3% in October.
    • On year, inflation edged up to 1.3% from 1.2%.
    • Harmonized CPI +0.2% on month vs -0.3%.
    • On year, HCPI +1.6% vs +1.2%.
    • All the figures are as expected.
    • As in the previous months, the low rate of inflation was mainly due to the falling prices of mineral-oil products, although these contrasted with rising electricity costs.
    • Food inflation was still substantial for some products, although the overall increase in expenses has slowed.
    • The euro is flat at $1.3765. (PR)
    • ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV
    | Dec. 11, 2013, 2:23 AM
  • Dec. 6, 2013, 3:51 AM
    • Germany's Bundesbank has increased its growth outlook and now expects the country's economy to expand 0.5% this year and 1.7% in 2014.
    • Previously, the central bank had projected growth of 0.3% and 1.5% respectively.
    • The Bundesbank also forecast that GDP will increase 2% in 2015.
    • The bank said growth is being mainly driven by domestic demand, helped by low interest rates and growing incomes.
    • "The German economy is in good shape: the unemployment rate is low, employment is rising, and wage growth is returning to normal," Bundesbank President Jens Weidmann said. (PR)
    • The DAX is +0.4% and the euro is -0.1% to $1.3657.
    • ETFs: EWG, BUND, EWGS, GERJ, BUNL, FGM, BUNT, DBGR, GGOV, DXGE
    | Dec. 6, 2013, 3:51 AM
  • Dec. 4, 2013, 4:11 AM
    • German services PMI jumped to a ten-month high of 55.7 (flash 54.5) in November from 52.9 in October.
    • Composite PMI rose to a 2 1/2 year peak of 55.4 (flash 54.3) from 53.2.
    • New business grew at the fastest pace since June 2011.
    • "Services joined manufacturing in recording robust output growth and a faster upturn than one month earlier," says Markit. "Overall, private sector companies saw the steepest output expansion since mid-2011, while improving new-order flows provide a signal that the German economy is set to finish the year in positive fashion."
    • The DAX is +0.3% while the euro is flat at $1.3586. (PR)
    • ETFs: EWG, BUND, GERJ, BUNL, FGM, BUNT, DBGR, GGOV, DXGE
    | Dec. 4, 2013, 4:11 AM
  • Nov. 29, 2013, 2:39 AM
    • German retail sales unexpectedly fell 0.8% on month in October after dropping 0.2% in September, with economists expecting growth of 0.5%.
    • On year, sales -0.2% vs +0.3% and consensus of +1.3%.
    • The euro is flat at $1.3611, while DAX futures are also little changed. (PR)
    • ETFs: EWG, BUND, GERJ, BUNL, FGM, BUNT, DBGR, GGOV, DXGE
    | Nov. 29, 2013, 2:39 AM
  • Nov. 28, 2013, 4:06 AM
    • As expected, the adjusted German unemployment rate held steady at 6.9% in November.
    • The number of unemployed climbed to the highest level since April 2011, increasing by 10,000 to 2.985M vs a rise of 3,000 in October and consensus of +1,000.
    • DAX +0.25%. (PR)
    • ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV
    | Nov. 28, 2013, 4:06 AM
  • Nov. 27, 2013, 4:10 AM
    • The German Gfk consumer confidence has increased to 7.4 heading towards December from 7.1 last month and topped consensus that was also 7.1.
    • Economic and income expectations rose sharply, while the willingness to buy reading reached a seven-year high, partly due to the ECB cutting interest rates.
    • The DAX is +0.2%. (PR)
    • ETFs: EWG, BUND, BUNL, GERJ, DBGR, BUNT, FGM, GGOV, DXGE
    | Nov. 27, 2013, 4:10 AM
  • Nov. 27, 2013, 3:02 AM
    • After two months of negotiations following Germany's general election, the right-of-center grouping of Chancellor Angela Merkel has finally forged a deal with the left-leaning Social Democrats (SPD) to form a "grand coalition" government.
    • Under the agreement, Germany will largely maintain its fiscal conservatism, although the country will also introduce a national minimum wage and strengthen labor-market rules. The new government will increase spending on pensions, education and infrastructure as well.
    • Finance Minister Wolfgang Schaeuble is likely to keep his job.
    • However, the deal now needs the approval of the SPD's 474,000 members, with the results of a vote due on December 14.
    • DAX futures are +0.1%, while the euro is flat at $1.3578.
    • ETFs: EWG, BUND, BUNL, GERJ, DBGR, BUNT, FGM, GGOV, DXGE
    | Nov. 27, 2013, 3:02 AM
  • Nov. 22, 2013, 4:39 AM
    • The Ifo institute's business climate index increased to its highest since April 2012, rising to 109.3 this month from 107.4 in October and topping consensus of 107.7.
    • The current-situation reading rose to 112.2 from 111.3 and vs forecasts of 111.6, while a measure of expectations climbed to 106.3 from 103.7 and vs 104.
    • The Ifo index "continues its underlying upward trend, which is consistent with a progressive improvement of the economy," says economist Annalisa Piazza. "Prospects for the future remained bright in November." (PR)
    • ETFs: FXE, VGK, EUO, EWG, FEZ, ERO, EU, EPV, IEV, EZU, DRR, HEDJ, BUND, EUFX, FEU, UPV, ULE, FEP, BUNL, URR, GERJ, ADRU, FEEU, BUNT, DBGR, GGOV, FGM, DXGE, DBEU, FIEU
    | Nov. 22, 2013, 4:39 AM
  • Nov. 22, 2013, 4:04 AM
    • Germany has confirmed a preliminary estimate that Q3 GDP grew 0.3% on quarter after rising 0.7% in Q2.
    • Strong domestic demand helped offset weak exports, which only increased 0.1% on quarter. Imports climbed 0.8%.
    • The timing's rather fortuitous, as the European Commission is investigating Germany for its high current account surpluses amid criticism that it's over-reliant on exports.
    • The Dax is +0.2%. (PR)
    • ETFs: EWG, BUND, BUNL, GERJ, BUNT, DBGR, FGM, GGOV, DXGE
    | Nov. 22, 2013, 4:04 AM
  • Nov. 21, 2013, 3:42 AM
    • German flash manufacturing PMI has climbed to a 29-month high of 52.5 in November from 41.7 in October and topped consensus of 52.
    • Services jumped to 54.5 from 52.9 and vs 53.
    • Manufacturing output rose to 54 from 53.6.
    • Composite output increased to 54.3 from 53.2.
    • The data suggests that the German economy "is well on track to achieve growth of close to 0.5%" in 2013, says Markit.
    • Strong new business and backlogs indicate that the solid growth momentum will be sustained, with improvements in investment spending and job creation set to follow the upturn in business conditions.
    • The DAX is -0.8%, while the euro recovers its post French PMI losses and is -0.1%. (PR)
    • ETFs: FXE, VGK, EUO, EWG, FEZ, ERO, EU, EPV, IEV, EZU, DFE, DRR, HEDJ, GXF, GUR, BUND, FEU, EUFX, FDD, ESR, UPV, ULE, FEP, BUNL, URR, GERJ, ADRU, FEEU, DBGR, BUNT, FGM, GGOV, DXGE, DBEU, FIEU
    | Nov. 21, 2013, 3:42 AM | 4 Comments
  • Nov. 19, 2013, 5:14 AM
    • The German ZEW survey of investor confidence has climbed to its highest in over four years in November, rising to 54.6 from 52.8 in October and topping consensus of 54.
    • However, the current situation print has surprisingly slipped to 28.7 from 29.7 and missed forecasts of 31.
    • Sentiment for the eurozone has risen to 60.2 from 59.1.
    • "Economic expectations for Germany have been hovering at a high level for months," says ZEW President Clemens Fuest. "The slightly improved economic outlook for the eurozone might have contributed to this development."
    • The DAX is -0.4%, while the euro is -0.1% at $1.3498. (PR)
    • ETFs: EWG, BUND, BUNL, GERJ, BUNT, DBGR, FGM, GGOV, DXGE
    | Nov. 19, 2013, 5:14 AM
  • Nov. 14, 2013, 4:09 AM
    • Germany Q3 GDP (Q/Q): +0.3% versus +0.3% expected and 0.7% previous.
    • France Q3 GDP (Q/Q): -0.1% versus +0.1% expected and +0.5% previous.
    • "We knew the third would be close to flat," France's finance minister Pierre Moscovici says, adding that the country's economy should still record a modest expansion for the year.
    • In Germany, "exports showed little dynamism" during the quarter, the country's statistics office laments. Domestic demand was decent however, with private consumption and public spending both edging higher. For the year, Germany sees GDP growing 0.5%.
    • Germany ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV
    • France ETFs - EWQ
    | Nov. 14, 2013, 4:09 AM
  • Nov. 12, 2013, 2:20 AM
    • As expected, German CPI dropped 0.2% on month in October vs flat in September.
    • On year, inflation declined to the lowest rate since August 2010, falling to 1.2% (as expected) from 1.4% previously.
    • Harmonized CPI -0.3% vs unchanged in September and consensus of -0.2%.
    • On year, HCPI +1.2% vs +1.6% and +1.3%
    • A 7% year-on-year fall in the cost of oil products such as heating oil and motor fuels was the main factor in the lower inflation; excluding those prices, inflation in October would have been 1.7%. In contrast, electricity prices surged 11.5%, while food costs rose 4.2%. (PR)
    • Wholesale price index -1% on month vs +0.7% and -0.2%.
    • On year, WPI -2.7% vs -2.2% and -1.95. (PR)
    • EUR-USD -0.1% to $1.3387.
    • ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV
    | Nov. 12, 2013, 2:20 AM
  • Nov. 8, 2013, 2:31 AM
    • Germany's trade surplus increased 19% on month to €18.8B in September and exceeded expectations of €15.5B.
    • Exports rose 1.7% vs 1% previously and consensus of +0.5%.
    • Imports -1.9% vs +0.1% and +0.6%.
    • Current account surplus +95% to €19.7B.
    • The euro is -0.1% at $1.3408. (PR)
    • ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV. Euro: FXE, ERO, ULE, URR, EUO, DRR
    | Nov. 8, 2013, 2:31 AM | 1 Comment
  • Nov. 7, 2013, 6:54 AM
    • German industrial production drops 0.9% on month in September after rising 1.6% in August and misses consensus of -0.2%.
    • On year, industrial output +1% vs +0.9% prior.
    • The unexpected fall in monthly production comes after data yesterday showed factory orders surging. As a result, ING economist Carsten Brzeski says the decline in output should be a "one-off rather than the start of a new trend." Brzeski adds that "in the coming months, industry should continue its comeback as the backbone of the German economy."
    • The DAX is flat. The euro took a dive after the data came out but has since recovered and is now flat vs the dollar.
    • ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV. Euro: FXE, ERO, ULE, URR, EUO, DRR, EUFX
    | Nov. 7, 2013, 6:54 AM
GERJ Description
The Market Vectors® Germany Small-Cap ETF (GERJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Germany Small-Cap Index, a rules-based, modified market capitalization-weighted, float adjusted index comprised of publicly traded companies that are domiciled and primarily listed in Germany or that generate the majority of their revenues in Germany.
See more details on sponsor's website
Country: Germany
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