ADRU News and Press, BLDRS Europe 100 ADR Index Fund From 11/17/19

The latest European Deloitte CFO survey found that this increase in pessimism has caused the risk appetite to fall further. Over a third (36%) of Europe's CFOs feel more pessimistic about their companies' financial prospects, according to the latest edition of the Deloitte European CFO Sur...

The global markets continued to advance last week despite the normal twists and turns about trade which will continue until there is certainty one way or another. After listening to Trump at the New York Economics Club last Tuesday, it only reinforced our belief that he will NOT do anything, i...

A Weak Eurozone Economy The European Commission's recently updated eurozone growth forecasts point to weak growth - especially in big manufacturing countries such as Germany and Italy - for 2020 and 2021. As a whole, the eurozone is projected to grow only 1.1% in 2019 and 1.2% in 2020 - ha...

It's looking like a eurozone recession We should distinguish between recession - two quarters of falling output - and technical recession - a recorded fall in output. The eurozone as a whole - not just German industrial production - looks like it will meet that second definition in the near ...

Green Shoots Appearing in European Economic Data Macroeconomic data in Europe has been weak since the start of 2018. Global macro headwinds linked to the U.S. - trade wars with China, coupled with domestic structural issues such as tightening of emission regulations - are to blame. Senti...

By Jeroen van den Broek, Global Head of Credit Research and Strategy Mildly bullish for 2020; it's a beta game We are mildly bullish for 2020, seeing technicals dominate over the impending US economic downturn threat which could easily lead to higher defaults and a repricing of the...

Is the recession here again? The economic performance of the eurozone has been distinctly mediocre since the Crash. Indeed, it's not been good since the creation of the eurozone back last century. What we're worried about today is whether it's about to go back into recession despite hardly h...

In the past few years, a number of studies have argued the difficulties that developed economies will have against the 3D problem: Debt, Disruption and Demographics. The term Japanification has been used for economies that have been developing similar symptoms as Japan did in the 1990s in th...

By Chris Turner, Global Head of Strategy and Head of EMEA and LATAM Research Central and Eastern Europe has been withstanding the slowdown in Western Europe very well. But will the good times last? In our comprehensive Directional Economics report , which we summarise below, we lo...

The eurozone structure It's a simple truth that if we have a single currency area, then we must also have a single monetary policy zone. The two are of course the same thing. This poses something of a problem when we have both operating over an area too large to be an optimal currency area...