FEU News and Press, SPDR DJ STOXX 50 Etf From 06/16/19

By Darren Williams As global growth prospects have weakened, the world of central banking has been turned upside-down. But while the US Federal Reserve (Fed) has already hinted at a change of course, the European Central Bank ((ECB)) is still struggling to adapt to the new reality. It's ...

By Andrew Mulliner, CFA The June 6 meeting of the European Central Bank ((ECB)) effectively marked the beginning of the end of its president, Mario Draghi's, reign. Andrew Mulliner, a Global Bonds Portfolio Manager, reflects on the outcome of the meeting and what the future holds with Mr....

Critics of modern monetary policy have been predicting that the day would come when a central bank would cut interest rates (or at least promise to), and the financial markets, instead of throwing a party, would fall. Then, it would be game over for easy money. This has yet to happen in the ...

By Daniel Lacalle The European Central Bank continues to disproportionately inflate the debt bubble of the Eurozone, while the economic slowdown of the main European economies worsens. What was designed as a tool for governments to buy time in order to carry out structural reforms and redu...

Posted by Reine Bitar, CFA®, Portfolio Manager and Michael Booth, Associate Portfolio Manager The eurozone economy has experienced a sharp slowdown since the second half of 2018 in a reversal from the mini-boom enjoyed in 2017. This downturn has been most pronounced in the m...

Rome - the city of visible history, where the past of a whole hemisphere seems moving in funeral procession with strange ancestral images and trophies gathered from afar. - George Eliot The Romans and their empire was at its height in 117 CE. It was the most extensive political and...

Overview Global equities continue to recover from the recent slide. Chinese and Hong Kong markets were on holiday today, but the MSCI Asia Pacific Index eked out a minor gain and ensured that its four-week slide ended. Europe's Dow Jones Stoxx 600 is up about 0.7% through the European mornin...

Eurozone inflation is in the doldrums again. After perking up to 1.7% in April, it slumped back to 1.2% in May. According to Bloomberg , this was "lower than expected." But I wonder who, apart from the ECB, really expected anything else. Core inflation has been well below target for the las...

On Friday, the 10-year Treasury bond yield collapsed to 2.13% (a 20-month low) after the stock market sold off in the wake of the surprise tariffs imposed on Mexico, to be enacted on June 10th if the Mexican government does not sufficiently cooperate with the Trump Administration to help stop ...

Overview The implications of President Trump's assessment that there has not been "nearly enough" progress in negotiations with Mexico that would avert the tariff on June 10 competing for investors' attention, which had been squarely today's ECB meeting. Minutes before Trump spoke, Fitch cut...