SPEU News and Press, SPDR® Portfolio Europe ETF From 09/01/23

2023-09-01 07:00:00 ET Summary Beijing's measures to support the economy and stabilize the yuan are starting to have an impact, with the yuan halting its decline and the CSI 300 index rebounding. The Mexican peso extended losses after the central bank announced it was winding down...

2023-09-01 05:15:00 ET Summary The third quarter may still be saved by tourism in the eurozone, but the latest data points to a more pronounced slowdown in the coming months. Inflation is falling, but a last interest rate hike in September is not yet off the table. The Europea...

2023-09-01 00:50:00 ET Summary Shouldn't market rates be falling by now? No, not yet and we'll tell you why they remain under upward pressure. Most of it reflects US resilience; that's reflected in the market discount to where rates get cut in the future, and that discount remains...

2023-08-31 07:45:00 ET Summary Inflation in the eurozone did not fall in August, which could tip the ECB in favour of a final 25bp hike at the governing council meeting in two weeks' time. Still, overall inflation dynamics remain relatively benign, and we still expect inflation to...

2023-08-31 02:30:00 ET Summary Food price rises are finally subsiding in Europe. We saw the first Month-on-Month decline in almost two years in July. Many branded food manufacturers, however, are reporting lower sales as shoppers turn to more affordable goods. Combination of h...

2023-08-30 10:00:00 ET Summary Another wave of global inflation is far from inevitable. But there are good reasons to think inflation will be structurally higher and more volatile over the next decade than the last. High interest rates are likely to be a key topic going into e...

2023-08-30 08:15:00 ET Summary The dollar experienced a major technical reversal due to weaker-than-expected JOLTs report, leading to a drop in US interest rates. The focus is on US jobs data and personal consumption figures, while the euro and sterling remain firm. Germany's ...

2023-08-29 12:50:00 ET Summary Fed Chair Jay Powell delivered a largely hawkish message. But I believe those comments were mainly for show - I don’t expect the Fed to hike rates again. ECB President Christine Lagarde said that central bankers need to talk about forecasts in...

2023-08-23 11:10:00 ET Summary Eurozone business activity contracted at an accelerating pace in August, according to the latest flash PMI survey data. The overall rate of input cost inflation and selling prices remained indicative of consumer price inflation running at an annual r...

2023-08-23 07:45:00 ET Summary Another weak PMI for the eurozone confirms a sluggish economy with recession as a downside risk. Inflation pressures for services remain stubborn as wage pressures continue to be a concern. The latter adds to our expectations that the ECB's hikin...