SPEU News and Press, SPDR® Portfolio Europe ETF From 04/05/24

2024-04-05 05:40:00 ET Summary Worldwide PMI survey data compiled by S&P Global found average prices charged for goods and services to have risen globally at the fastest rate for ten months in March. The main area of stubborn price pressure remains the service sector, which re...

2024-04-04 16:25:00 ET Summary Too many companies with solid earnings growth haven’t been rewarded in narrow equity markets. That may be about to change. The market’s resilience reflects a potential turning point for equity investors, in our view. Our research in...

2024-04-03 08:30:00 ET Summary Market swings punctuated the first quarter as “central bank speak” proliferated and caused confusion. I put first quarter global markets into perspective and highlight some “little victories” that may have been easy to ove...

2024-04-03 06:50:00 ET Summary The adjustment to US interest rates continues and this helps underpin the US dollar. The dollar is firmer against all the G10 currencies today, while emerging market currencies are mixed. A powerful earthquake off the coast of Taiwan shuttered fa...

2024-03-30 09:30:00 ET Summary The macroeconomic and geopolitical developments have not changed substantially over the past month. For all practical purposes, the eurozone and UK economies are stagnant, but the respective central banks also do not appear in any hurry to begin easi...

2024-03-30 05:58:04 ET Summary Financial conditions loosened further, building on the Fed's Q4 dovish pivot. For the quarter, the S&P 500 returned (price and dividends) 10.55%. While 10-year Treasury yields jumped 32 bps during Q1 to 4.20%, corporate Credit notably outperf...

2024-03-28 07:44:00 ET Summary Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating, has helped the greenback extend its recent gains. Japanese officials are clearly signaling its willingness to intervene in the fo...

2024-03-27 07:25:00 ET Summary The dollar neared JPY152, setting a new 34-year high and this appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response. Most of the G10 currencies are softer against the dollar but the yen. Most emerging market c...

2024-03-26 14:15:00 ET Summary We think it's more likely than not that the U.S. avoids a recession in 2024, but economic uncertainty remains high with the economy running at full capacity, household savings diminishing, the labor market slowing down, and the U.S. Treasury yield curve ...

2024-03-23 08:05:00 ET Summary The Bank of Japan lifted its interest rate target for the first time in 17 years. The Swiss National Bank became the first G10 central bank to cut rates. The PBOC relented and allowed the dollar to rise above the CNY7.20 cap that has held it back...