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FPXE - Chart Of The Moment: Europe May Be Lower For Even Longer
First Trust IPOX Europe Equity Opportunities ETF
Prior to the pandemic, Europe was facing unique challenges, including keeping the bloc together amid rising populism, uneven economic growth, troubled banking systems, Brexit, and more.
While the core of Europe was likely facing prospects of negative interest rates for an extended period, COVID-19 may have pushed back a return to positive territory even further.
A look at interest rate futures currently suggests Europe may not see positive rates until the end of the decade.