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FEUZ News and Press, First Trust Eurozone AlphaDEX ETF From 06/26/24

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Company Name: First Trust Eurozone AlphaDEX ETF
Stock Symbol: FEUZ
Market: NASDAQ

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FEUZ - USD Pushes Above JPY160

2024-06-26 07:15:00 ET Summary The dollar is firm, and the market is challenging the JPY160 level, which it has traded above in Europe. Asia Pacific bourses advanced, with Australia's market being the outlier. The Canadian dollar has been in a one-way market almost as much as ...

FEUZ - Nervous Calm Hangs Over The Markets

2024-06-25 08:10:00 ET Summary The US labor market may be at an inflection point. The high-flying Nvidia has fallen 13% in the past three sessions coming into today. Gold is little changed near $2333 and its trading in the upper end of yesterday's narrow range. Ove...

FEUZ - Bond Traders (Not The Fed) Control Interest Rates

2024-06-25 02:40:00 ET Summary The big news last week was that the Commerce Department reported that retail sales rose by only 0.1% in May, below the analysts’ consensus estimate of 0.3%. Like the G7 conference in Italy, the recent Ukrainian peace conference in Switzerland ...

FEUZ - Flash PMIs Show The U.S. Bucking A Developed World Slowdown, While The U.K. Sees The Sharpest Inflation

2024-06-24 10:40:00 ET Summary June flash PMI survey data showed the G4 major developed economies expanding for a seventh successive month in June. US saw strong economic growth, while Europe and Japan experienced slowdowns, with varying factors contributing to the divergences. ...

FEUZ - Weekly Commentary: Greatest Threat

2024-06-24 08:20:00 ET Summary Ten-year Treasury yields traded this week at the lowest level since March. The market closed Friday pricing a 4.85% policy rate at the Fed’s December meeting, implying two rate cuts (48 bps). For the Week:The S&P 500 added 0.6% (up 14....

FEUZ - U.S. Dollar Offered, But Intra-Day Momentum Indicators Are Stretched

2024-06-24 07:15:00 ET Summary The Dollar Index reached its best level since May 1 before the weekend but has come back softer against all the G10 currencies and most emerging market currencies. Equities are mostly higher, but the Asia Pacific region struggled. After rising fo...

FEUZ - Inflation Slows Further As Economic Growth Wanes: Our Key Takeaways From The Eurozone Flash PMI

2024-06-24 02:00:00 ET Summary The deteriorating eurozone growth trend was led by France, which saw output fall for a second consecutive month and at the fastest rate for five months. Fueling the manufacturing downturn was a steepening in the rate of loss of new orders. Employ...

FEUZ - As Global Economies Diverge, Where Are The Investment Opportunities?

2024-06-23 12:30:00 ET Summary While the Bank of Canada and the European Central Bank cut interest rates in June, the Federal Reserve decided to keep rates steady. While the European Union is in the throes of political uncertainty, the UK appears to have significant political cert...

FEUZ - Week Ahead: Politics, Economics, And The Yen

2024-06-22 08:45:00 ET Summary Central banks in Australia and Norway resisted rate cuts, leading to currency appreciation, while New Zealand's central bank faced skepticism from investors. The Bank of Canada, perceived as dovish, saw the Canadian dollar strengthen despite expectat...

FEUZ - Global Economic Outlook: June 2024

2024-06-21 05:30:00 ET Summary The real GDP growth forecasts for 2024 have been lowered in a few major economies, including the US, Canada, Brazil and Japan. We continue to expect a gradual downward trend in global consumer price index inflation in 2024-26, driven by a moder...

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