EUFN surged +11% over the past 30 days, driven by a strong rebound in European bank stocks amid solid earnings and stabilizing interest rates. Over the past quarter, the ETF gained +3%, reflecting resilience despite geopolitical tensions impacting markets earlier in the period.
This week, global markets saw major shifts. The FTSE 100 hit a record high, while US stocks struggled amid economic uncertainties. Cryptos surged, commodities dipped, and sector performances varied. Stay ahead with key insights into market trends!
Market turbulence hit hard from Feb 24-28, 2025, as new tariffs and geopolitical shifts rattled stocks and crypto. Bitcoin plunged below $80K, while inverse ETFs surged. Find out which sectors thrived, which struggled, and what’s next for investors. 📉📊
European Central Bank (ECB) President Mario Draghi defended the tools that the institution has available on Tuesday, saying that it could cut interest rates again or provide further asset purchases if inflation doesn’t reach its target.
European businesses are increasingly anticipating a recession in the near future as bad debt losses showed a marked increase in 2018.
Companies reported 2.31% in bad debt losses in 2018 as a share of total revenues, an increase from 1.69% in 2017, according to a report from Swedish debt purchaser Intrum.
The euro climbed higher against the U.S. dollar on Thursday, after the European Central Bank (ECB) said it would delay its first post-crisis interest rate hike until at least the middle of next year.
Theresa May will step down as Prime Minister on 7 June following months of pressure and a failure to deliver a smooth Brexit transition. The Prime Minister said it had been ‘the honour of my life’ to serve ‘the country that I love’. In an emotional speech, May said she had ‘done her best’ to deliver the result of the EU referendum.
“It is and will always remain a matter of deep regret to me that I have not been able to deliver Brexit,” she said. “It will be for my successor to seek a way forward that honours the result of the referendum.
European stocks traded lower on Thursday, as trade tensions between the U.S. and China ratcheted up.
The pan-European STOXX 600 closd provisionally down more 1.74% during afternoon deals.All sectors and major bourses were in negative territory, with the French CAC index recorded a 2% loss.
The International Monetary Fund (IMF) has admitted it was “surprised” by the extent of the recent slowdown in the euro zone, but expects growth to pick up again.READ MORE...
Prime Minister Theresa May has returned from Brussels with a Brexit extension that pushes the next deadline out to October 31.
May has seen her preferred withdrawal from Europe rejected three times already but now has another six-and-a-half months to try to get some form of deal over the line.READ MORE...
Repeated tariff threats from U.S. President Donald Trump are hurting European economic confidence, according to European Central Bank (ECB)President Mario Draghi.
The euro zone’s central bank held interest rates steady Wednesday, with Draghi warning that data analyzed by his team had confirmed “slower growth momentum” in the euro zone.READ MORE...
In another nail-biting vote in the U.K.’s Parliament, lawmakers voted by a majority of just one to force Prime Minister Theresa May to seek an extension to the Brexit process and avoid a no-deal departure.READ MORE...
The shares of European firms outside of Britain would suffer more in the event of a poorly executed Brexit, a strategist told CNBC Tuesday.
Speaking to CNBC’s “Squawk Box Europe,” Ralph Jainz, a fund manager at Centricus Asset Management, said a negative Brexit outcome had “for sure” been underpriced by investors.READ MORE...
The European Central Bank (ECB) shouldn't rush into implementing massive bond-purchase programs in the future, the head of the German central bank warned in an interview with CNBC Wednesday. READ MORE...