FEEU News and Press, Barclays ETN FI Enhanced Europe 50 ETN From 03/22/20

Investment thesis: all markets are still far too volatile. Make no new investments. Cash is king right now. There has been a wave of intense central-bank activities over the last week in response to the coronavirus outbreak - too many to list. Here are some of the larger and more important...

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 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 ...

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...

By Katrina Dudley, CFA, Portfolio Manager, Franklin Mutual Series Although European equities performed well in 2019, there’s still a significant value and performance gap compared to US stocks, according to Franklin Mutual Series Portfolio Manager Katrina Dudley. Here, she gives r...

Overview The spread of the coronavirus and the lockdown in the epicenter in China has again sapped the risk-taking appetite in the capital markets. Asia is bearing the brunt of the adjustment. Tomorrow starts China's week-long Lunar New Year celebration when markets will be closed, which may...

This was a somewhat light week of international news. There were, however, three regions that issued some key data. Chinese GDP increased by 6.1% in the latest quarter. This continues the moderating trend that we've seen in China for the last few years. The same report noted that indus...

In the past cycle, many practitioners have questioned the ability of the ECB to raise inflation. Figure 1 (left frame) shows that the market-implied measure of inflation expectations, the 5Y5Y inflation swap, has constantly been declining in the past cycle and is currently sitting at 1.3%, far...