|Bid||27.74 x 1200|
|Ask||27.76 x 1000|
|Day's range||27.61 - 27.77|
|52-week range||26.76 - 28.16|
|PE ratio (TTM)||N/A|
|Beta (3Y monthly)||1.47|
|Expense ratio (net)||0.35%|
As global growth is expected to slow down further, investors can resort to safer options like treasury ETFs, dividend ETFs and quality picks.
As yields are falling globally, investors with big holdings in the fixed income world could experience heavy gains, given that bond prices and yields have an inverse relationship.
The British pound (FXB) depreciated 0.95% against the US dollar (UUP) for the week ending June 15 and closed at 1.33. The pound took a backseat as the US and European central bank policy meetings dominated the forex space last week. British equity markets (BWX) posted the fourth consecutive weekly loss in the last 12 weeks, which reflected the global risk-off sentiment.
The British pound (FXB) depreciated against the US dollar (UUP) for the fifth week in the last six weeks as Brexit-related developments and a strengthening US dollar drove it lower. A series of weak economic data coupled with a dovish Bank of England (or BOE) have been causing the pound to slide compared to the US dollar. The economic data reported last week indicated that inflation had grown more slowly than expected, decreasing the possibility of a rate hike from the BOE.