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

By David Zahn, CFA, FRM, Head of European Fixed Income, Franklin Templeton Fixed Income This week, both the European Central Bank and Bank of England took further measures to help contain the financial fallout from the coronavirus and alleviate pressure on strained public finances. David ...

We previously urged investors to remain largely in cash, as the investment landscape is a minefield with nobody having a map of the terrain. Cash is king at the moment, as investors will have to ponder what things can go badly wrong. We think there are numerous things that can go wrong: ...

By Antoine Bouvet , Senior Rates Strategist & Benjamin Schroeder , Senior Rates Strategist The European Central Bank has finally heard the bond market’s cry for help and upped its Asset Purchase Programme ((APP)) 'envelope' by another €750 billion. We provide...

By Antoine Bouvet, Senior Rates Strategist Gyrations in government bond markets in recent days have caught investors’ attention. We recap the drivers behind the reversal in interest rates and attempt to pin a fair value tail on the Bund donkey. We see higher yields as a distinc...

Investment thesis: The global equity markets - like their US counterparts - sold off sharply last week. Make no new moves into international markets. The Bank of England cut rates 50 basis points and provided additional stimulus (emphasis added): At its special meeting ending on 10 ...

The European Central Bank did not reduce its policy rate of interest, something that many investors and analysts expected them to do. The expected reduction was not great, only 10 basis points, but a reduction was expected, nonetheless. Jack Ewing writes in the New York Times, “T...

The eurozone problem Okay, part of this is political but then the politics comes from the economic analysis that precedes it. I have been against the very idea of the euro since it was first announced in the 1990s. This has then bled through to my working for UKIP, campaigning in favour of B...

Europe has not been in good shape. Investors need to fully comprehend what is going on there, especially given recent events. In early February, things seemed dire . "Bottom line, Europe, to me, does not seem to be a very fertile ground for investment at this point in time. The euro...

By Bert Colijn, Senior Economist & Carsten Brzeski, Chief Economist & Timme Spakman, Economist As Covid-19 goes global, supply chain risks to the eurozone economy have increased materially. Our analysis finds risks to the eurozone mainly come from China and Italy ...

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...