EEA News and Press, The European Equity Fund Inc. From 09/18/20

Overview: Asia Pacific equities have taken the march on the US. Led by a 2% rally in Shanghai, most regional markets but Australia closed the week with gains. A two-week fall in the MSCI Asia Pacific Index has been snapped. European stocks are little changed, and the Dow Jones Stoxx 600 is h...

By David Zahn, CFA, FRM, Head of European Fixed Income, Franklin Templeton Fixed Income The United Kingdom officially left the European Union in January of this year, but issues remain in the Brexit saga, namely trade relations. David Zahn, our Head of European Fixed Income, weighs in on ...

Despite increasing fears of a second wave of COVID-19 infections, consensus 2020 earnings forecasts have remained stable over the past 4 weeks. The COVID-19 downgrade cycle appears complete on a global basis, provided widespread second lockdowns can be avoided. Exhibit 1: Global COVID-19 dow...

The eurozone's manufacturing upturn is showing signs of losing momentum after the initial rebound from COVID-19 lockdowns, with rising infection rates posing a further threat to recovery prospects in coming months. With factory output still almost 8% lower than its pre-pandemic peak, a full re...

By Jeff Weniger, CFA Can Europe ever catch a break? We are coming up on 13 years of nearly relentless outperformance by U.S. equities relative to counterparts in Europe, owing to the former's sector skew toward Tech and Communications Services stocks, among other things. From November ...

Written by Nick Ackerman, co-produced by Stanford Chemist Generally, closed-end funds are sought after for their high distributions. These are typically paid on a monthly or quarterly frequency. Monthly paying funds are especially appealing to income-oriented investors. However, within t...

Central banks to be called upon again The final months of the year are going to be extremely challenging for the global economy, with experts predicting another significant wave of COVID-19 which risks further restrictions around the world at the expense of businesses that are already strugg...

Author's note : This article was released to CEF/ETF income Laboratory members on September 8, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] secto...

Overview: Yesterday's roller-coaster price action has not had much impact on today's activity. The slide in US equities after early gains failed to prevent Japanese, Chinese, and Hong Kong equities from advancing, though other markets in the region were not as resilient. It is the first back...

We look at how the ECB now has an inflation credibility problem given diverging market-based inflation expectations - although there may be little appetite from the hawks within the Governing Council to act now. Any dovish tilt could come in the form of stronger forward guidance and signals th...