ADRU News and Press, BLDRS Europe 100 ADR Index Fund From 03/10/20

The European Central Bank (ECB) is expected to follow the U.S. Federal Reserve (Fed) and announce monetary easing measures on Thursday, if not before. With policy rates already at negative levels, we expect focus on targeted lending front asset purchases, and less emphasis on risk free intere...

The EU and euro face a sudden deterioration in economic conditions due to the coronavirus, which seems certain to widen the differences between Germany and the spendthrift Mediterranean members. But a more immediate problem is the increasing likelihood that the ECB will lose control over finan...

By Peter Vanden Houte, Chief Economist, Belgium, Luxembourg The eurozone economy started the year on a stronger footing. But the coronavirus disruption is likely to become a major drag that might only peter out in the course of the second quarter. Negative GDP growth in the first half n...

By Ansh Chaudhary The ETF Deathwatch decreased in size in February. Four exchange-traded products ("ETPs") were added to the list, and 35 funds were removed. Twelve of those funds were removed due to increased health and 23 were due to asset managers closing their funds. The major U.S. equ...

By David Zahn, CFA, FRM, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group® As European Central Bank (ECB) policymakers adjust the budget to reflect lighter eurozone economic activity, moderate economic growth and the United Kingdom's departur...

The eurozone problem It's entirely true that it's just great to have the same money in use over a trading area - it definitely increases trade across that area. This is known as the "Rose Effect". So, super, except having the same money across an economic area means that monetary policy must...

By Chris Turner, Global Head of Strategy and Head of EMEA and LATAM Research et al. The jump in Covid-19 cases in Italy has prompted a risk-off run in markets with equities dropping worldwide. The flight to safety could see BTP:Bund spreads widen a little further. In the FX space, we thin...

A sixth person in Italy (NYSEARCA: EWI )  has succumbed to the coronavirus, and the county now has more than 200 confirmed cases. Parts of the northern region of the country are all but shut down, and Austria (NYSEARCA: EWO ) has placed restrictions against Italians entering its countr...

Investment thesis: the international environment is still dicey. While manufacturing has modestly rebounded over the last six to eight weeks, the coronavirus is straining global supply chains and suppressing consumer activity. While we haven't seen any solid numbers yet, it's safe to assume ...

Investors buoyed by apparent deceleration It's been an eventful start to the year and not exactly in the way than anyone would have anticipated even two months ago. Once again, once the initial panic has passed, investors have taken the spread of COVID-19 in their stride, a little too much...