SPEU News and Press, SPDR® Portfolio Europe ETF From 12/20/23

2023-12-20 10:15:00 ET Summary As European inflation rates converge with targets, markets expect rate cuts. But central banks are set on a decisive victory over inflation. As expected, the Bank of England left the bank rate unchanged at 5.25% at its December meeting. We expect...

2023-12-20 09:05:00 ET Summary Fed Chair Jay Powell said that the Fed believes we are at or near peak rates for this cycle and that additional hikes are unlikely. ECB President Christine Lagarde said future decisions will ensure that rates "will be set at sufficiently restrictive ...

2023-12-19 07:45:00 ET Summary CPI rose by 0.1% in November and 3.1% in the past 12 months. Excluding food and energy, the core CPI rose 0.3% in November and 4% in the past 12 months. The Fed will keep rates steady until inflation approaches 2%. The ECB followed the Fed’...

2023-12-18 12:22:02 ET More on SPDR Portfolio Europe ETF Seeking Alpha’s Quant Rating on SPDR Portfolio Europe ETF Dividend scorecard for SPDR Portfolio Europe ETF For further details see: SPDR Portfolio Europe ETF declares quarterly distribution of $0.1474

2023-12-16 07:45:00 ET Summary Business activity in the euro area fell at a steeper rate in December, closing off a fourth quarter of declining output. Jobs were cut for a second month as firms scaled back operating capacity due to a worsening order book situation. Input cost ...

2023-12-15 02:00:00 ET Summary The European Central Bank has kept policy rates unchanged but slightly changed its communication. The risks to growth are still tilted to the downside, while there is still no risk balance for inflation. The ECB's forecasting mistakes of the past...

2023-12-14 20:35:00 ET Summary The European Central Bank (ECB) kept its key policy rates on hold today for the second consecutive meeting. The interest rate on the main refinancing operations, the marginal lending facility, and the deposit facility remain at 4.5%, 4.75% and 4.0%, ...

2023-12-13 07:00:00 ET Summary The dollar is trading with a firmer bias ahead of the FOMC meeting, signaling the end of the aggressive tightening cycle. Asia Pacific equities fail to gain momentum despite the rally in the S&P 500. European central banks are set to meet, wi...

2023-12-12 11:20:00 ET Summary I believe there will be no more rate hikes from the Federal Reserve, European Central Bank, or Bank of England. The data has shown continued progress on disinflation with economic growth slowing but still resilient - particularly in the US. I als...

2023-12-09 08:15:00 ET Summary Gold experienced a significant drop below $2000 after reaching a record high above $2135, with a $135 range on Monday. WTI oil prices fell to their lowest level in five months, sliding for seven consecutive weeks, matching the longest slide since 201...