Tom Lydon

This tag is associated with 2 posts

Greece ETF Derailed By S&P Downgrade

By Tom Lydon What started as a wild week for the Global X FTSE Greece 20 ETF (NYSEArca: GREK) will end that way as the lone Greece ETF is tumbling by 3.7% after Standard & Poor’s pared its rating on the country’s sovereign debt to B- from B. The ratings agency is keeping the long- and … Continue reading

Swissie Surge Punishes Poland ETFs

By Tom Lydon ETF Trends When the Swiss National Bank (SNB) rattled global markets last week by announcing it was scrapping the franc’s peg to the euro, the Swiss currency’s subsequent surge claimed plenty of victims from hedge funds to currency brokers that were on the wrong side of the Swissie’s spike. Count Poland exchange … Continue reading

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