EIDO: iShares MSCI Indonesia Investable Market Index ETF Instablogs

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Monday, May 20, 9:47 AM UBS' 5 "suspected" asset bubbles: 1) Risk-free rates - specifically Treasurys (TLT), Bunds (BUND, BUNL), JGBs (JGBL, JGBT, JGBD, JGBS) 2) Credit (HYG, JNK) 3) Real estate in Asia (WPS) 4) Certain EM equity markets (EIDO, IDXJ, EPHE, THD, EWW) 5) Australian banks (WBK, NABZY.PK, ANZBY.PK, CMWAY.PK). Comment!
Monday, December 31, 2012, 11:51 AM More details on iShares' ETF fee hikes: Going to 0.61% from 0.59% (a 3.4% hike) are its Chile Investable Market Fund (ECH), China Small Cap Fund (ECNS), Indonesia Investable Market Fund (EIDO), Israel Capped Investable Market Fund (EIS), Philippines Investable Market Fund (EPHE) , Poland Investable Market Fund (EPOL), All Peru Capped Fund (EPU), Taiwan Fund (EWT), South Korea Fund (EWY), Brazil Fund (EWZ), Brazil Small Cap Fund (EWZS), South Africa Fund (EZA), Thailand Investable Market Fund (THD) and Turkey Investable Market Fund (TUR). 2 Comments [Global & FX]
Wednesday, March 7, 2012, 2:02 AM Economists expect little action from a slew of Asia-Pacific rate decisions this week. Given the rise in oil prices and the easing of eurozone meltdown concerns, central banks in South Korea, New Zealand, Indonesia and Malaysia are expected to hold rates steady. Comment! [Global & FX]
Friday, January 13, 2012, 7:00 AM Chevron (CVX) will make a major investment decision on an offshore gas field in Indonesia shortly, according to regulators. The nation - Southeast Asia's largest crude producer - looks to reverse a steady decline in output that led to its withdrawal from OPEC. Comment! [Energy, Global & FX]
Thursday, November 17, 2011, 9:59 AM Inflation worries have quickly been replaced in Asia, where recently hawkish central banks - Indonesia and South Korea to name two - are either sitting on their hands or beginning to slash rates as 2012 starts to look bleak. Of course, China is the gorilla, and, as of yet, hasn't begun to lift its clampdown on credit. Comment! [Global & FX]
Tuesday, November 15, 2011, 7:24 AM Japanese companies may start investing to build factories in Indonesia and Vietnam after the flooding disaster in Thailand dramatically exposes a need to diversify manufacturing operations. Economist Tohru Nishihama sees the economic opportunity for Thailand's neighbors: "Indonesia has a large population and its domestic demand is quite strong, while Vietnam’s population is increasing." Comment! [Global & FX]
Tuesday, October 11, 2011, 7:14 AM In a surprise move, Indonesia cuts its benchmark rate 25 basis points to 6.5%, commenting that inflation is on track to fall below its 5% target. Indonesia ETF: IDX -18% for the last quarter. (PR) Comment! [Global & FX]
Friday, September 16, 2011, 7:35 AM The Reserve Bank of India raises its benchmark rate 25 basis points to 8.25%, the 12th hike in a cycle that began in March 2010. The move contrasts with recent surprise cuts by Brazil, Turkey, and Russia. "A premature change in the policy stance could harden inflationary expectations, thereby diluting the impact of past policy actions," says the RBI. Comment! [Global & FX]
Monday, August 1, 2011, 10:49 AM India cuts its official growth estimate for 2011 to 8.2%, still higher than private economists are predicting. More data to chew on: the July PMI prints at 53.6 from 55.3 previously, the 3rd consecutive decline. With inflation continuing above 9%, its unlikely monetary policy will soon stray from its tightening path. Comment! [Global & FX]
Thursday, May 26, 2011, 3:45 PM Indonesia's rapid growth and abundance of commodities has made it a favorite with investors, but the country's infrastructure is woefully inadequate. Improvements are on the way, but they take time. "We don't make decisions like China ... (we're) a democracy," says an official. IDX, EIDO +43% Y/Y. Comment! [Global & FX]
Wednesday, May 18, 2011, 8:20 AM Underperformers in 2011, emerging markets, particularly India and China, could benefit from the sell-off in commodities as easing inflation pressure allows central banks to take their foot off the brake. With stock valuations low on a relative basis, look for liquidity to shift from commodities to these markets. Comment! [Global & FX, Quick Ideas]
Thursday, May 5, 2011, 11:03 AM The 2nd best performing equity market in Asia this year, Indonesian stocks are beginning to steal some attention from struggling Indian shares. It's easy to forget, though, that Indonesia's market is but a fraction of India's, far less developed, and more subject to whims of speculative capital. IDX +0.4%. 1 Comment [Global & FX]
Monday, April 18, 2011, 10:24 AM The supply of land for oil palm planting in Malaysia and Indonesia could run out in just 9 years, no small concern given it takes 25 years to bring a new plantation online. Off of their highs, palm oil prices still remain wildly profitable for producers. ETFs with heavy palm oil exposure: EWM +22.1%, EIDO +37.8%, both Y/Y. 1 Comment [Global & FX, Commodities]
Thursday, March 24, 2011, 11:02 AM Volvo (VOLVY.PK +2.9%) makes a big push into Indonesia, setting up a company and hiring hundreds to market its new FMX truck, designed for coal mines. A major resource exporter, Indonesia is in the midst of its first major boom since the late 90s Asian crisis. IDX +1.8%. EIDO +1.8%. Comment! [Global & FX]
Tuesday, February 15, 2011, 5:30 PM Not only do emerging markets have to deal with slowing growth, rate hikes, and inflation, but their shares are not necessarily cheap. RBC points out the ratio of emerging market valuations to G7 valuations is at the highest level since right before it collapsed in the mid-90s. Comment! [Global & FX]
Monday, February 14, 2011, 3:07 PM Beyondbrics presents a chart of inflation in 4 emerging economies along with their responses. Fastest to act was India, which has now seen at least a leveling, if not fall in inflation. Last to act and now showing the steepest rise in prices are China and Indonesia. Comment! [Global & FX]

EIDO iShares MSCI Indonesia Investable Market Index ETF

EIDO

iShares MSCI Indonesia Investable Market Index ETF