SPEU News and Press, SPDR® Portfolio Europe ETF

2024-07-04 03:20:00 ET Summary Softer data from the US is paving the path to a September Fed cut, but more is needed to see 10Y UST yields breaking out of the current trading range. Friday’s payroll numbers could confirm a weakening labour market. Except for French bond...

2024-07-03 09:41:00 ET Summary Global stocks posted healthy gains in the first half of 2024, although second quarter performance moderated from the previous quarter’s breakneck pace. In a trend that has become familiar to equity investors, large-cap market breadth was again...

2024-07-03 08:00:00 ET Summary The economy underneath has been very strong, and that’s really what’s enabled the Fed to actually push out those interest rate cuts. The best performing sector has been technology with all of the AI powering the technology gains. Th...

2024-07-03 07:15:00 ET Summary The US dollar has strengthened notably in 2024 with the shift in market expectations to higher US rates for longer. EMs’ buildup of official reserves and the evolution of EM debt to far higher issuance in local currencies are structural factor...

2024-07-03 00:25:00 ET Summary At 50.9 in June, the Global Manufacturing PMI, sponsored by J.P. Morgan and compiled by S&P Global Market Intelligence, recorded above the 50.0 neutral mark for a fifth successive month. Down from 51.0 in May, the latest data signalled a marginal...

2024-07-02 16:15:00 ET Summary The far-right party National Rally emerged as the strongest party in France’s first round of elections for the National Assembly. Leaders of the centrist parties are calling for a withdrawal of candidates and tactical voting to prevent an RN g...

2024-07-02 07:05:00 ET Summary The sharp jump in US long-term interest rates has helped lift the greenback in recent sessions. The US economic calendar features the JOLTS report on job openings, while auto sales will trickle in throughout the day. Equity markets are mostly low...

2024-07-01 07:25:00 ET Summary French stocks have rallied around 1.4% and the French 10-year premium over Germany has narrowed by about five basis points. The yen remains soft after the Tankan survey showed little change but an uptick in capex plans. The euro reached $1.0775, ...

2024-06-30 08:00:00 ET Summary July brings new governments in the UK and France, a new European Commission, and China's Third Plenum session with expected measures to support the economy. The US policy mix stands out with loose fiscal policy and tight monetary policy, contributing...

2024-06-30 06:00:00 ET Summary Inflation may be sailing toward trend, but uncertainties remain on the horizon for the economy and financial markets in the second half of the year. Macroeconomic backdrop is favorable for G10 bond markets, with slower nominal GDP growth enabling cen...