European, Australia, and Far East index
European, Australia, and Far East index (EAFE index)
Stock index, computed by Morgan Stanley Capital International.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
European, Australia, and Far East Index
An index consisting of a wide selection of stocks traded in most major markets outside North America. It is considered a major indicator of the direction of global markets. It is weighted for market capitalization and is managed by MSCI.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved