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