IEV News and Press, iShares Europe From 06/24/24

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...

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...

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...

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...

2024-06-20 21:39:20 ET Summary The European Central Bank has informed the governments of the European Union to get their budgets under control. The ECB believes that the growing debt levels will "eventually" cause pain as the debt will have to be dealt with. Debt levels contin...

2024-06-20 07:25:00 ET Summary The Swiss National Bank surprised many with its second consecutive rate cut. Norway's central bank left policy on hold and warned that if the economy performs as expected, it does not anticipate a rate cut until next year. The US dollar is tradin...

2024-06-18 07:10:00 ET Summary The dollar has caught a bid ahead of the US retail sales and industrial production figures. A hawkish hold by the Reserve Bank of Australia has not done much for the Australian dollar, which is little changed on the day. Benchmark 10-year yields ...

2024-06-18 01:05:00 ET Summary Midway through a record-breaking year for elections, we have just been given another - and it is potentially among the most important. Gains for hard right-wing and eurosceptic parties in elections to the European Parliament did not help. The maj...

2024-06-17 22:10:00 ET Summary Elections for the EU parliament are sending shock waves throughout financial markets in Europe. This expectation of a French veto of Monsieur Macron’s party is causing investors to buy German bunds and sell French government bonds, causing an ...

2024-06-17 07:45:00 ET Summary The US dollar is firmer against most G10 currencies to start the new week. Most emerging market currencies are firmer, but for a few Asia-Pacific currencies, including those of China, South Korea, and Taiwan. European benchmark yields are paring ...