EZU News and Press, iShares MSCI EMU ETF From 06/25/19

A clear message from ECB President Mario Draghi last week kicked off a dovish shift by major central banks - from patience to inching toward more stimulus. We see the ECB and the Fed likely to ease soon. Yet, while market expectations for ECB easing appear reasonable, expectations for the Fed ...

Negative-yielding government debt (the case where investors pay the sovereign lenders for the privilege of lending them funds) has hit an all-time record (based on the Bloomberg database) last week at $13 trillion. Chart Source: The World Now Has $13 Trillion of Debt With Below-Zero Yields...

Yesterday I said to Reuters: "The FOMC minutes were no surprise. I did not expect the Fed to cut today but they made a significant move indicating, strongly, that at least one rate cut was coming this year, if not more. I think they needed time to react to the ECB's new position that rates ...

Bloomberg states: "The European Commission could decide as soon as June 26 to trigger a disciplinary procedure against Italy in order to force the government in Rome to clean up its public finances. Here are the next steps: The commission has to propose opening a so-called Excessiv...

Overview: The Trump-Xi meeting at the G20 this coming weekend and heightened tensions in the Gulf, with the US set to impose new sanctions on Iran's crippled economy are keeping investors on edge. News the opposition won the re-do of the Istanbul mayoral election has lifted the Turkish lira....

Central banks are prepared to take fresh measures to strengthen and extend the business cycle primarily because price pressures are below what their predecessors thought would be acceptable levels. Draghi, speaking for the ECB, the Federal Reserve, and the Bank of Japan ratcheted up their conc...

Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury's internal analysis will highlight future government funding problems ...

Overview: The global capital markets are trading quietly ahead of the weekend. Equity markets are mostly narrowly mixed. Chinese shares extended their run, and the major benchmarks were up 4%+ on the week. Japan, Australia, South Korea, and India saw gains pared. European equities were edgin...

Mr. Draghi's speech in Sintra, Portugal, a few days ago, was reminiscent of his famous "Whatever it Takes" speech. Mr. Draghi said the bank had "considerable headroom" to launch a fresh expansion of its $2.9 trillion Quantitative Easing program and suggested it could, in the short term, target...

On June 18th, 2019, ECB's vice president said another large bond-buying program could be an option if inflation in the region doesn't reach its intended target. As you can see in the following chart from Trading Economics , the inflation rate is dropping in the Eurozone and is currently b...