ZDEU News and Press, SPDR Solactive Germany ETF From 02/22/21

Flash Eurozone PMI edges up from 47.8 in January to 48.1 in February. Manufacturing expansion gains momentum, helping offset further service sector weakness. Germany outperforms amid factory strength. Prices jump amid supply constraints. For further details see: Euro...

Risk assets continued their historic run last week with EM equities and commodities leading the way. Bonds sold off as the 10-year Treasury note yield broke above 1.20% for the first time since the lows last spring. The 10-year TIPS yield closed the week at 1.02%, near the all-tim...

Global manufacturing PMI at 53.5 in January from 53.8 in December. Production growth remains strong but eases as exports come close to stalling, led by renewed fall in China. Supply chain delays close to highest since 2004. Prices rise at steepest rate in nearly a decade. ...

Things aren’t getting better globally in terms of controlling the virus. Recent economic data has shown signs of the damage being wrought by the rise in COVID-19 infections. I expect markets to continue to move in expectations of a robust recovery later in 2021 when vaccine...

German unemployment increased by 8,000 in December, increasing the number of unemployed to 2.707 million. The seasonally adjusted unemployment rate remained unchanged at 6.1%. At face value, the headline numbers suggest that the country’s labour market could go through the cris...

Structural factors causing underperformance of the manufacturing sector compared to services in 2018-19 have been pushed to the background during the pandemic. The characteristics of the COVID-19 shock contrast starkly with those of the Global Financial Crisis (GFC) in 2008-09, allowi...

SPDR Solactive Germany ETF (ZDEU) - $1.0550.30-Day SEC Yield of 2.12% as of Dec. 17.Payable Dec 28; for shareholders of record Dec 21; ex-div Dec 18. For further details see: SPDR Solactive Germany ETF declares semi-annual distribution of $1.0550

Hungary and Poland have been blocking the EU's seven-year budget and its post-crisis recovery for weeks, stopping nearly €2T from reaching member states, but the bloc may soon be moving on without them.At issue: Payouts from the budget would be suspended to a country if a weighted majo...

Global business cycles are closely interconnected. Global business cycles are closely synchronized. Global equity markets respond accordingly. For further details see: Investing In Foreign Markets Sounds Exciting - But Isn't Always

The declining trend in eurozone fragmentation risk is meeting resistance. The ECB signals that it will become the first global central bank to adopt "Sustainable Easing" into its monetary policy framework. ECB defined "Sustainable Easing" conflates Global Warming with emergency CO...