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In his first press conference of 2019, European Central Bank ((ECB)) President Mario Draghi said risks surrounding the eurozone growth outlook have shifted to the " downside " versus the " broadly balanced " risks he discussed just one month ago when the bank ended net asset purchases. P...
The global slowdown appears to be hitting the Euro-area with the most force, sending some large countries such as Germany quickly towards a recession (if not in one already). All of this comes just as the ECB put an end to their bond-buying program which will certainly fuel those who...
Ever since the Great Recession in 2008 (technically even before that), the US stock market has traded at a premium to most other markets (See the chart below courtesy of Yardeni Research ). For years, we've seen investors pointing this fact out and predicting higher returns for international ...
The European Central Bank decides to keep key interest rates unchanged in its first monetary policy meeting of the year, as it had said it would. More news on: Invesco CurrencyShares Euro Trust ETF, Vanguard FTSE Europe ETF, ProShares UltraShort Euro ETF, Global news and forex, Financial...
Overview: The eurozone's preliminary composite PMI for January fell to its lowest level since July 2013. It reinforces expectations for a dovish Draghi press conference and saw the euro unwind yesterday's gains. The US dollar is firmer against all the major currencies. Asian stocks gained, a...
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State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the addition of seven rebranded SPDR ETFs to the SPDR Portfolio suite. Introduced in 2017 and attracting $34.4 billion in new assets in just two years, 1 the SPDR Portfolio off...