IEUR News and Press, iShares Core MSCI Europe From 07/11/24

2024-07-11 06:50:00 ET Summary The focus today is on the US CPI report - Another soft reading is expected, and it may strengthen ideas of a Fed cut in September, which ostensibly give it time to cut again before the end of the year. The dollar is trading with a softer bias against...

2024-07-11 01:05:00 ET Summary The 10Y is back in the 4.25% to 4.30% area, and looking for an excuse to dip lower. The CPI report will decide, and the expectation is it will provide a route for lower yields (but watch services prices). In contrast to the US, eurozone mark...

2024-07-10 12:30:00 ET Summary French election: The second round of the legislative election was won by the far-left after the first round had gone to the far-right. UK election: The Labour Party more than doubled their seats in the House of Commons and Sir Keir Starmer is the new...

2024-07-10 07:00:00 ET Summary The dollar is mostly softer today, but largely within the recent ranges, as the market appears to be waiting for tomorrow's US CPI. A less hawkish Reserve Bank of New Zealand has triggered a sell-off of the local dollar. Global equities are mostl...

2024-07-09 21:06:38 ET Summary Economist, Hyman Minsky, theorized financial bubbles are caused by new technology, easy credit, amnesia about past bubbles, and abandonment of traditional stock valuation methods. Federal Reserve's aggressive monetary policies since 2008 have inflate...

2024-07-09 13:01:52 ET Summary iShares MSCI France ETF (EWQ) has had a choppy 2024 with only low single-digit returns, underperforming both global and European stocks. Political uncertainty in France, fiscal deficit concerns, and weak economic indicators suggest caution in investi...

2024-07-09 07:05:00 ET Summary The dollar is consolidating in narrow ranges today against the G10 currencies and enjoys as slight upward bias against most emerging market currencies but for a few currencies from the Asia Pacific region. Asia Pacific equities rallied but for Hong K...

2024-07-09 07:05:00 ET Summary The second round of the French National Assembly election delivered a hung parliament, as expected, but also a huge surprise. The far-right party National Rally fell from first to third place and the left-wing alliance of the Nouveau Front Populaire came...

2024-07-09 03:04:00 ET Summary A more dovish Powell would help firm up the September cut expectations ahead of the CPI release due Thursday. Whereas in the US, we see the rate-cutting narrative picking up momentum; in the Eurozone, the direction is less evident. The 10Y B...

2024-07-08 07:05:00 ET Summary The dollar is narrowly mixed against the G10 and emerging market currencies today. The euro is little changed, holding on to last week's gains, after the surprising French election results. The Japanese yen has given back its initial gains, and t...