Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Steven Schoenfeld"


7 mentions found


There are several key flashpoints where the Israel-Hamas war could escalate into a regional conflict that has a material impact on oil, according to the firm. Those flashpoints are the Red Sea, Lebanon and Iraq, analyst Helima Croft wrote in a note to clients this week. Crude prices fell Tuesday despite renewed attacks by Houthi militants in the Red Sea over the weekend. Maersk stopped shipping through the Red Sea again and is rerouting vessels around the Cape of Good Hope in South Africa. Some 12% of global trade and about 3 million barrels of crude oil pass through the Red Sea per day, according to RBC Capital Markets.
Persons: Helima Croft, Croft, Adi Imsirovic, Imsirovic, Steven Schoenfeld, Schoenfeld, Goldman Sachs, Tehran's Houthi, Donald Trump ratcheted, Biden, Benny Gantz, Israel, Saleh al, Joe Biden, Trump, Qasem Soleimani Organizations: RBC Capital Markets, Maersk, West Texas Intermediate, CNBC, Tuesday, Traders, Investors, Center for Strategic, International Studies, U.S, Prosperity, U.S . Navy, U.S . Central Command, JPMorgan, Israel Defense Forces, Three U.S, Washington Locations: Israel, Sea, Lebanon, Iraq, Red, Danish, Libya, Russia, Ukraine, Iran, U.S, Yemen, The U.S, Mandeb, Aden, Britain, Hangzhou, South Africa, Suez, Asia, Europe, Hormuz, Islamic Republic, Tehran, Beirut, Croft, Erbil, Three
Oct 23 (Reuters) - Outflows from exchange-traded funds (ETFs) tracking Israeli stocks accelerated in the last two weeks, tracking a sharp slide in share prices as the conflict between Israel and Palestinian group Hamas widens to other fronts. The iShares MSCI Israel ETF posted net outflows of $2.5 million between Oct. 9 and Oct. 20, leaving it with assets of $111.62 million, according to Lipper data. "The market doesn't like uncertainties," said Sammy Suzuki, head of emerging market equities at AllianceBernstein. Israel ETFs were underperforming most of their peers prior to Hamas' attack, said Steven Schoenfeld, CEO of Market Vector Indexes, who created the index behind the $78.4 million BlueStar Israel Technology . ETFs tracking Israeli technology stocks such as the BlueStar Israel Technology ETF and the $75.4 million ARK Israel Innovative Technology ETF recorded net outflows of $1.9 million and $7.2 million, respectively, in the last two weeks.
Persons: Sammy Suzuki, Steven Schoenfeld, Israel's shekel, Bansari Mayur, Mark Potter Organizations: Health, Israel Technology, Israel Innovative Technology, Thomson Locations: Israel, Palestinian, Gaza, Lebanon, Iran, Bengaluru
New York CNN —Growing unrest in the Middle East has cast a shadow on global financial markets. Israeli stocks listed in New York and Tel Aviv have sunk to recent lows, underscoring the growing economic uncertainties in the war-torn region and leaving investors unsure of where markets go from here. Funds in the US hold more than $43 billion in Israeli stocks and bonds, according to a Bloomberg tracker. Big names, big exposure: As the war continues, businesses with headquarters, factories and inventory in Israel appear increasingly at risk to geopolitical turmoil. “If the war remains confined between Israel and Palestinians, it’s likely that the markets will forget about it after a few days,” he wrote.
Persons: , Steven Schoenfeld, Jamie Dimon, , Benjamin Netanyahu, Raffi Boyadjian, Sam Stovall, Nathaniel Meyersohn, drugstores, David Silverman, Bill Ford, Vanessa Yurkevich, Ford, Jim Farley, Shawn Fain Organizations: CNN Business, Bell, New York CNN, Nasdaq, Funds, Bloomberg, Hamas, Bank of Israel, JPMorgan, Israel Innovative Technology, Mobileye, Tower Semiconductor, Teva Pharmaceutical, XM, CVS, Walgreens, Walmart, Fitch, Ford Motor Company, United Auto Workers, Big Three, UAW, Monday, Ford Locations: New York, Tel Aviv, New Jersey, Israel, United States, Canada, China, Ukraine, Kippur, Kuwait, Kansas City, drugstores, Rouge, Dearborn , Michigan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMany investors do not consider China 'as essential as it used to be': ProSteven Schoenfeld, CEO of MarketVector Indexes says global investors are divesting away from the Chinese market and looking at other opportunities in Asia.
Persons: Steven Schoenfeld Locations: China, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSchoenfeld: If Erdogan wins, you could see real distortions in the Turkish economySteven Schoenfeld, CEO of MarketVector Indexes, discusses the global economic and investment implications of the outcome of Turkey's presidential election, which is likely headed to a runoff.
The Turkish lira sank close to another record low with Turkey's presidential election heading for an unprecedented runoff, with one analyst forecasting further weakness for the currency over the short term. "Unfortunately it looks like [what] up to 49% of Turks have voted for is an economic crisis ... The YSK confirmed Monday afternoon that the presidential election would indeed go to a runoff on May 28.. Neither 20-year incumbent Erdogan nor Kilicdaroglu has so far cleared the 50% threshold needed to secure an outright victory. The currency was trading at 19.66 against the greenback as of 1 p.m. London time on Monday.
Major fears are sweeping into Israel's economy
  + stars: | 2023-03-02 | by ( Jason Gewirtz | ) www.cnbc.com   time to read: +4 min
Picture Alliance | Picture Alliance | Getty ImagesNew concerns about Israel's economy are leading global investors to question the money they have in the country. The law would alter Israel's judicial system by giving sitting governments full control of judicial appointments. A drop in Israel's credit rating would increase the cost of borrowing and hurt fundraising. A major part of the Israeli economy is tied to the value of the Israel shekel against the U.S. dollar. That in turn hurt critical parts of Israel's economy including real estate, as companies and individual citizens moved their money into U.S. dollars or other currencies.
Total: 7