URTH - IEV: Buying The Breakout In European Stocks
European stock markets rallied sharply across the board since the beginning of quarter, as Fed and ECB's monetary easing policies along with U.S.-China trade optimism were able to offset deteriorating economic data. DAX made multi-year highs while the broader Euro Stoxx 600 index surged to just under record highs. The upside momentum was boosted by strong inflows into equity ETFs, in particular international ETFs. Per ETF.com's latest weekly inflows report,
Meanwhile, international equity ETFs also saw strong interest. Inflows for that segment were about $4.9 billion during the period. Funds like the iShares Core