SPEU News and Press, SPDR® Portfolio Europe ETF From 11/02/23

2023-11-02 02:50:00 ET Summary The European economy is changing course fast: Lower inflation comes with the price of lower growth, which could be just beginning. We have observed for a while now that markets appear to be overly optimistic around European growth and inflation dynam...

2023-11-01 06:45:00 ET Summary The FOMC meeting is the highlight of the day, but the drama in Japan continues to capture the market's attention. Japan's equity indices jumped today, while most bourses in the region rose, except for Hong Kong. European benchmark yields are high...

2023-11-01 04:51:00 ET Summary Early PMI survey data for October from S&P Global showed the major developed economies collectively contracting for a third month. The economic malaise was again led by Europe, with the US notably outperforming as its expansion regained some pois...

2023-10-31 14:50:00 ET Summary Purchasing Managers' Indexes painted a weaker picture for manufacturing in Japan, the eurozone and the UK. The 10-year US Treasury yield continued its roller coaster ride as a wide range of factors contributed to big swings in this key data point. ...

2023-10-31 13:20:00 ET Summary A drop in eurozone GDP keeps a small technical recession in the second half of 2023 a realistic prospect. The October decline from 4.3 to 2.9% was mainly driven by base effects from last year's high energy prices, but core inflation also continues to...

2023-10-30 20:10:00 ET Summary Businesses report a slight tick-up in selling price expectations, but hard data still looks benign. Decline in the Economic Sentiment Indicator in October came as no surprise after the PMI had already dropped further into contraction territory. E...

2023-10-28 09:10:00 ET Summary November is expected to be a month of limited monetary policy actions and heightened geopolitical tensions. Fiscal policy will be more interesting, with a Japanese supplemental budget and more measures expected from China. The US federal governme...

2023-10-27 06:30:00 ET Summary The US dollar is trading with a softer bias, with only the euro and Swiss franc lagging behind. The market sees the Reserve Bank of Australia as the most likely to hike rates again, while the European Central Bank and Bank of Canada are expected to c...

2023-10-27 00:52:00 ET Summary The expectation that interest rates will remain at high levels for longer than anticipated is leading equity managers across the globe to favor companies with strong balance sheets. Conversely, managers are more cautious on companies reliant on loans or ...

2023-10-26 12:33:00 ET Summary The European Central Bank increasingly seems to embrace the idea that the peak in policy rates has already been reached. After 10 consecutive hikes, the ECB's decision to leave policy rates unchanged should have been an easy one. ECB President Ch...