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(Source: AZ Quotes , caption and editing by the Author, sagacity by T.S. Eliot) The true state, of what was referred to as "rotten" in the Eurozone, has become clear as elections for the top jobs commence. European Council President Donald Tusk, a Polish native, made it clear that Fra...
It was a startling statement for the time. Mario Draghi had only been on the job as President of the European Central Bank for a few months by then, taking over for the hapless Jean Claude-Trichet who was unceremoniously retired at the end of October 2011 amidst "unexpected" chaos and turmoil....
Given that trade worries are back in view, the health of Europe's economy is again in focus. More news on: iShares MSCI Germany ETF, Global X DAX Germany ETF, New Germany Fund, News on ETFs, Global news and forex, Read more ...
Germany's ZEW survey became the latest to pick up a pick up in sentiment. This particular appraisal had been one of the first early on last year to suggest a beginning slide toward downturn. In its latest reading for forward expectations, the index registered +3.1 this week. It was both the hi...
The euro slipped 0.3% to $1.1259 after PMI data showed the German manufacturing sector contracting for the fourth month in a row, pushing investors into the safety of eurozone government bonds. More news on: iShares MSCI Germany ETF, Global X DAX Germany ETF, New Germany Fund, News on ...
The German government halved its 2019 forecast to 0.5% from 1.0% due to weaker exports in the wake of global trade tensions and expects GDP growth of 1.5% in 2020, partly because of positive calendar effects from four public holidays falling on weekends. More news on: iShares MSCI Germany ...
As per ECB survey, Economists are trimming Eurozone inflation and growth forecasts and warns of the further cuts amid Brexit and trade wars. More news on: iShares MSCI Germany ETF, Global X DAX Germany ETF, New Germany Fund, Global news and forex, News on ETFs Read more ...
Today's report on German manufacturing shows that Germany's mighty industrial sector is slumping (chart 1). This is significant not only for European growth expectations (ratcheted lower) but also for German and US inflation expectations. One day is hardly a trend, but today's price action...
German 10-year bond yields fell below zero for the first time in more than two years and the euro slid after a key gauge indicated the country's manufacturing activity contracted. More news on: Invesco CurrencyShares Euro Trust ETF, ProShares UltraShort Euro ETF, iShares MSCI Germany ETF...
Perhaps nothing summarizes the efforts of British Prime Minister Theresa May and the European Union to produce an exit for the UK from the European community than the opinion piece by Robert Shrimsley in the Financial Times . Mr. Shrimsley, discussing the exit plan produced by Ms. May, writ...
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WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced plans to close and liquidate five WisdomTree ETFs. The ETFs will no longer accept creation orders after Friday, October 20, 2023. The final day of trading on the ETFs’ respective exchanges will also be Friday, O...