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HEZU - Why We See A Renewed Spring In Europe's Step
iShares Currency Hedged MSCI Eurozone
Elga explains the reasons we see a European economic recovery in the second half of the year - including an easing of financial conditions, Chinese stimulus and solid domestic demand.
Europe is still holding back global growth, having been a key support in prior years. Yet much of the eurozone weakness can be attributed to the fading support from export demand as world trade nosedived. As the most open G3 economy, Europe suffered more greatly.
In the coming months, we expect Europe to gradually move out of its tricky spot, as we write in our