SPDR EURO Stoxx 50 ETF
Could Exiting the EU Leave the UK on Stronger Footing?
Contrary to popular opinion, there are certain areas of opportunity that Brexit could bring to the UK.
Reading Auto Manufacturing’s Outperformance on November 23
The auto manufacturing industry provided a highest weighted return, at 0.085%, as well as the highest individual return, at 4.2%, on November 23.
What Does the UK Really Have to Gain from Exiting the EU?
The EU’s light immigration laws allow young talent to work across the EU, but with more immigrants entering the UK, local citizens have less access to jobs.
The Implications of the Brexit: What You Should Know
We believe the UK’s departure from the EU will be a long and complicated process as officials sort through UK and EU laws.
Assessing the currency debate surrounding the Scottish referendum
If the Scottish referendum votes yes on September 18, it would mean that Scotland would become independent of the United Kingdom. One key issue that would arise from that would be currency. There are three lines of thought in this regard.
How Volkswagen Outperformed Banco Bilbao Vizcaya Argentaria
Of the top-performing holdings of the SPDR EURO STOXX 50 ETF, Banco Bilbao Vizcaya Argentaria had the lowest mean return-to-volatility ratio at 1.3%.
Analyzing FEZ’s Telecommunication Industry in 2015
FEZ’s telecommunication industry provided a 5% return in 2015. Orange and Deutsche Telekom had positive performances. Telefonica had a negative performance.
Anheuser-Busch Outperformed L’Oréal on November 11
Anheuser-Busch (AHBIF) had the highest mean-return-to-volatility ratio of 6.7% compared to FEZ’s other performers.
Germany Helps Eurozone Business Activity Rise in August
Both the manufacturing and service sector contributed positively to business activity growth in Germany in August.
Airbus Rose 0.83%, Company’s CEO Pretty Relaxed about China
The aerospace industry contributed a return of 0.83% to FEZ’s performance on Wednesday, January 13. Aerospace stock Airbus (EADSY) returned 0.83%.
Why Scotland wants independence despite the advantages of the UK
The United Kingdom (or UK) has sunk an awfully long way since the 19th century. But it remains the world’s sixth-largest economy and the second-largest in Europe behind Germany.
Eurozone Sentix Investor Confidence Improved: Is It a Sign of Change?
Billionaire investor Marc Lasry believes that European (IEV) (VGK) (EZU) fundamentals and economic growth still need to improve.
Volkswagen’s Chief Executive Apologizes for Emissions Scandal
Volkswagen is currently trading at 118.97 euros. Its 52-week high is 132.1 euros, and its 52-week low is 86.5 euros. It returned -25% in 2015.
BP Traded 10% below Its 100-Day Moving Average
BP (BP) was trading 10% below its 100-day moving average as of February 23, 2016. Currently, the stock is at $29. It’s below the important psychological level of $30.
Emission Scandal Impacted FEZ’s Auto Manufacturing Industry
FEZ’s auto manufacturing industry provided a return of -2% in 2015. The emission scandal in September had a negative impact on Volkswagen.
Will the Euro Appreciate More This Week?
The euro (FXE) closed the week ended November 21, 2017, at 1.193, appreciating 1.14% against the US dollar (UUP).
Eurozone Business Activity Is at Its Highest Level in 4 Years
Although the numbers were all positive, indicating increased business activity in the manufacturing and service sectors in the Eurozone, the growth of new orders and employment slowed somewhat in June.
How Should You Approach Investing in Europe-Focused Funds?
The financials sector continues to be the top-invested sector, with four of the 12 funds choosing it as their most preferred sector. However, the number of funds choosing financials is down from six in the previous quarter.
Eurozone Inflation Rose Sharply: Is It a Sign of Change?
Eurozone (EZU) (VGK) inflation rose 1.1% in December 2016 as compared to 0.6% in November 2016.
A Strong Dollar Is a Major Headwind for Export-Oriented Stocks
A stronger dollar is a headwind for export-oriented stocks. The US economy is relatively robust.
Will the Euro Continue Its Momentum?
Markets will remain focused on the ECB policy meeting scheduled for Thursday this week.
Russian GDP Falls before the Central Bank’s Policy Meeting
The Russian economy fell by 0.5% on an annual basis in June—in line with market expectations and against a downwardly revised decline of 0.6% in May.
Did the Fed Really Hint About a Negative Interest Rate?
A negative interest rate policy (or NIRP) may still be a far-fetched idea in the United States, but the Federal Reserve wants banks to prepare for it.
US Stocks Are Less Attractive than Global Options
As we’ve suggested throughout this series, US stocks don’t have a clear growth catalyst once interest rates rise. Still, you may find value in select sectors such as financials and technology.
The FEZ ETF Rises After the ECB Statement
The FEZ ETF rose by ~1.4% in the October 22 trading session after the ECB statement. The top performing industries were banking, transportation, and REIT.
Positive Manufacturing Reports Drive the FEZ Up
The SPDR Euro Stoxx 50 ETF (FEZ) is a US exchange-traded ETF that tracks the performance of the 50 largest companies across the Eurozone.
Bank of England Stands Pat on Interest Rates
The Bank of England decided not to cut its interest rates to new record lows when it met on July 14, 2016. The country’s central bank was under pressure to act.
Does the Rising US Dollar Index Signify an Upcoming Trend Reversal and Domino Effect?
On June 9, the US dollar index, which measures the strength of the US dollar against a basket of major currencies, ended a three-day loosing streak.
Markets Extend Rally on Stimulus Hopes, FTSE 100 Remains Flat
The FTSE 100, the United Kingdom’s major index (EWU), has been on rising trend after the sharp fall for two days following the Brexit referendum.
Euro Reaches 23-Month Peak: Could It Climb Higher?
Euro rallies to a 23-month peak Last week, the euro (FXE) closed at 1.17, appreciating by 1.7% against the US dollar (UUP). The currency has appreciated by more than 10% against the US dollar this year, making it one of the strongest developed market currencies. Improving economic conditions and a stable political climate turned the […]
Schneider Electric Emerged as FEZ’s Biggest Loser
On December 31, 2015, the stocks at the bottom of the SPDR Euro STOXX 50 ETF (FEZ) were Schneider Electric, Telefonica, ASML Holding, Carrefour, and Sanofi.
How Geopolitical Issues Are Affecting the Market: FEZ Falls 1.0%
The SPDR EURO STOXX 50 ETF (FEZ), which tracks the performances of European equities, fell 1.0% on November 13 and closed at $35.19.
FEZ’s Holdings: 65% Were above the 100-Day Moving Average
On November 4, 65% of the SPDR Euro Stoxx 50 ETF’s (FEZ) portfolio holdings closed above the 100-day moving average—compared to 62% on November 3.
June Report: ‘The Outlook for Germany Is Overcast’
According to the Ifo President Hans-Werner Sinn, “The outlook for the German economy is overcast.” There seems to be increased pessimism among Germans with respect to business development there.
How the Event Driven Index Provided Returns in a Flat Market
The Barclay Event Driven Index outperformed other indexes in April 2016, providing a return of 2.3%. Year-to-date, the index had returned 2.6% as of April 30.
BlackRock has a strong position in the competitive landscape
BlackRock (BLK) became the world’s largest asset management company in 2009 with the acquisition of Barclays Global Investors (BGI).
Goldman Sachs Is Long on the European Dividend Growth Index
Goldman Sachs has its eye on the European Dividend Growth Index. The investment company included the index in its top trading recommendations for 2017.
GREK down 2.5% on Fears of a Grexit, Eurozone up 0.33%
The Greece-tracking Global X FTSE Greece 20 ETF (GREK) was down 2.48% amid renewed fears of a Grexit. Greece faces an inverted yield curve.
Eurozone ZEW Indicator of Economic Sentiment: Signs of Recovery?
The Eurozone ZEW Indicator of Economic Sentiment rose in August 2016 to 4.6 compared to a fall of 14.7 in the previous month.
European Stocks and Mutual Funds: Don’t Go Overboard
European stocks (VLKAY) (RENX) (RBS), like others across the world, have been whiplashed by volatility so far 2016.
Eurozone Manufacturing PMI Hitting Highs: Is It a Sign of Change?
The final Eurozone manufacturing PMI (purchasing managers’ index) stood at 55.5 in February 2017 compared to 55.2 in January.
Analysis of the iShares MSCI Japan ETF and Its Top Performers
An analysis of the iShares MSCI Japan ETF will tell us about more about its Volatility, showing the fluctuation in periodic returns from average returns.
The FEZ’s Sectoral Composition and Industry Performances
The SPDR Euro Stoxx 50 ETF is one of the most popular US-traded ETFs. Its sectoral composition includes financial services, healthcare, and industrials.
EUFN Is Trending Downwards on Global Growth Worries
The iShares MSCI Europe Financial Sector ETF (EUFN) seeks to track the performance of an index composed of developed market European (FEZ) equities in the financials sector.
Uh Oh: BMW Fell 5.6%, Recalling i8 for Stability Control Problem
On Wednesday, January 13, 2016, the stocks at the bottom of the SPDR Euro STOXX 50 ETF (FEZ) were BMW, Daimler (DDAIF), Deutsche Bank (DB), SAP (SAP), and Siemens (SIEGY).
Points of Contention: The Restructuring and Reform Dilemma
There are several major points of contention related to the structural reforms. Money may change hands before they’re resolved.
Global Markets React to the Greek Crisis: SPY and FEZ Fall
Markets across the globe were rattled on Monday. Greece stands on the brink of defaulting on its $1.73 billion payment to the IMF on June 30.
The Next Act In The Greek Political Drama
The stage is set for the next act in the Greek political drama. With the anti-austerity Syriza firmly at the helm of affairs, it will be a turbulent ride for the Eurozone.
Snapshot of the UK Economy and Its Prospects
The UK economy thrives on its robust financial sector, which is boosted by revenues generated from the North Sea, a region rich in energy resources.
Greek Saga Continues: Prime Minister Alexis Tsipras Resigns
Greece made the national headlines again when Prime Minister Alexis Tsipras resigned from office on Thursday, August 20, 2015.
Declining oil prices benefit Europe, says Draghi
On Monday, March 17, ECB (European Central Bank) chief Mario Draghi stated that declining oil prices benefit Europe and cited the economic benefits.
Why Are Global Markets Range Bound?
The contrasting movement among the global markets was primarily due to caution ahead of the Bank of England’s monetary policy release on July 14.
Will Brexit’s Impact on IBM Be Minimal or Significant?
In 2016, IBM made two acquisitions in Europe, namely Aperto and Ecx.io, to boost its revenue growth in the digital agency and marketing space.
FEZ Up 0.36%, EWG Up 0.86% on Good Inflation News from Germany
Germany’s EU-harmonized inflation rate stood at 0.1% in March on a year-over-year basis, against the -0.1% rate in February.
If You’re Shopping, Japan Is a Bargain
Frankly, you could say Japan is a bargain. Normally, the greater the demand for a country’s equity, the higher the price. Japan seems to be an exception to this rule.
European Markets Carry over Sentiments from Previous Week
Critical European markets continued their upward trajectory on April 11 and looked as if they were picking up where they left off on Friday, April 8.
In-Depth Analysis of the FEZ ETF and Its Constituents
In the software space, SAP (SAP) gave a positive return. In the banking space, all banks gave negative return except for Unicredito (UNCFF).
UK Stock Market Upbeat as EWU Closes with a Gain of 2.31%
The UK stock market cheered owing to positive rallies across the Asian and US stock markets. The iShares MSCI United Kingdom ETF (EWU) rose by 2.31%.
How Did Greece Get Here? The Origins of the Crisis
Crisis has embroiled Greece for more than half a decade. The once prosperous economy has been reduced to shambles and is teetering on the verge of bankruptcy. How did Greece get here?
Risk and International Assets in a Portfolio
Although international investing does tend to mitigate risk and diversify portfolios, there are certain risks involved.
The Electronics Industry Drove the Performance of FEZ
The electronics industry returned 6% on Tuesday, January 26, 2016. The Netherlands-based Philips rose 6% on that day as it reported its quarterly earnings.
Greece in crisis: January 25 elections will decide future
Greece is seeking a bailout extension, but this will only be made possible if it agrees to the troika’s conditions—mandatory economic reforms.
Germany’s GDP Meets Consensus, EWG Trades Lower
Germany’s economy grew at an annual pace of 2.1% in 4Q15—in line with estimated forecasts and above growth of 1.8% in the previous quarter.
France Is Struggling with Persistent Unemployment
France (EWQ) is one of the leading economies of the European Union (FEZ) (EZU) now facing a serious problem of unemployment.
ECB Extends Bond-Buying Program: How Did European Banks React?
Last week, the ECB reduced the key interest rate by 10 basis points to -0.4% and announced plans to increase the monetary stimulus program to 80 billion euros starting in April.
How Saudi Arabia and Iran Are Adding to Energy Investors’ Woes
At the Doha conference on April 17, 2016, Saudi Arabia reaffirmed that it won’t commit to a production freeze without Iran.
Anheuser-Busch Rose 1.5% and Pushed FEZ Up
Anheuser-Busch pushed the SPDR Euro Stoxx 50 ETF (FEZ) up with a 1.5% gain. Currently, the stock is trading at 118.10 euro. Its 52-week high is 119.65 euro.
German GDP Release Is Strong, DAX Leads European Market
Destatis reported that the German GDP rose at a pace of 0.7% on a quarter-over-quarter basis. The growth was primarily due to the increase in domestic demand.
ECB Leaves Rates Unchanged, Stimulus Levels Still Constant
The ECB (European Central Bank) kept interest rates unchanged at 0% on June 2, 2016. Mario Draghi, president of the ECB, hinted at optimism for growth in the Eurozone economy.
Why Investors Should Look to the Eurozone for Value
Investors should look to the Eurozone for value. European equities (FEZ) have been benefiting from the recent $1.1-trillion stimulus.
Why FEZ Gained Strength after Mario Draghi’s Statement
The SPDR Euro Stoxx 50 ETF (FEZ) is an important gauge of the European equity market. On November 11, the fund closed at $36.01, up by 0.28% from the previous trading session.
Inside Deutsche Bank’s Losses in 2015
Deutsche Bank (DB) reported losses of 2.1 billion euros, or about $2.35 billion, for 4Q15, which was in line with expectations.
What European leaders think is best for the region
The onus lies on European leaders to explain to their people why the Transatlantic Trade and Investment Partnership is beneficial and important.
Yo-yo bond yields up again on instability in Greece
When confidence in the economic stability of Greece dwindled, yields shot up to compensate for the additional risk attached to investments in Greek bonds.
Germany Services PMI Suggests Improvement in the Business Climate
According to data provided by Markit Economics, the final Markit Germany Services PMI was 55.1 in November 2016 compared to 54.2 in October.
Eurozone’s Economic Confidence Strengthened In July
Economic confidence in the Eurozone got some relief as the Greek crisis settled with the troika granting further aid to Greece.
Why positive retail sales growth affects Spanish stocks
Retail sales growth was positive in September. But the rally in Spanish stocks has been sentiment-driven, which poses unique risks.
Is Spain’s economy a parallel to the United States in 2010?
Southern Europe and US equities When researching southern Europe as an investment opportunity, a useful story to compare recent performance to is US equities in 2009 and 2010. Although the US economy had not yet bottomed, stocks were soaring to historical returns. The thing to keep in mind is that equities trade based off future […]
Spain exits its recession: Expect a reaction from Spanish stocks
The Spanish recovery continues to be heavily exports-based, and will likely remain this way as nominal wages continue to fall and the housing market bottoms.
The ECB Press Conference: What It Means For Your Euro Stocks
The ECB kept their benchmark interest rate unchanged at 0.5% today. As with all central bank announcements, investors were focused on the nuances of ECB President Mario Draghi’s prepared remarks at a press conference held in Paris, in order to find any hint about future policy. Draghi’s tone on the economy was optimistic, so further […]
Why are investors becoming bearish for Greek bonds and stocks?
After four years under a rescue program by the IMF, the EU, and ECB, Athens has largely repaired its finances.
Italian and Spanish spreads widen—another sign of Europe weakening?
Italy’s ten-year government bonds spread against Italy’s ultra-safe German counterpart closed at 176 basis points on October 16. Yields on ten-year Italian bonds reached as high as 2.71% that day and closed at 2.58%.
Why Scotland’s future is important to the UK and the rest of Europe
The Scottish economy stands firmly on four pillars: financial services, tourism, whisky, and oil. Scotland is one of Europe’s leading financial centers and the second financial hub in the United Kingdom outside of London.
The key arguments of the Yes campaign of the Scottish referendum
The voting result of the Scottish Referendum, due September 18, will have a direct bearing on Scotland, the United Kingdom, and the 28-member European Union as a whole.
Cyclical factors that contributed to unemployment in the Eurozone
Cyclical unemployment is a product of business cycles. A business cycle refers to periods of expansion or recession. In Europe’s case, weak gross domestic product (or GDP) data across the 18-nation economy continues to reflect the Eurozone’s weakness.
Sovereign debt crisis contributed to the Eurozone’s unemployment
A sovereign debt crisis is a situation where economic and financial problems are caused by a country’s inability to pay its public debt. This usually happens when a country reaches critically high debt levels and suffers from low economic growth.
Structural factors that contributed to unemployment in the Eurozone
Structural unemployment occurs for numerous reasons. It’s usually due to a lack of requisite job skills among workers. It can also be caused by a lack of workers’ willingness to work because of existing low wage levels.
Must-know: Investing in Portugal
The Global X FTSE Portugal 20 ETF (PGAL) retreated 3.99% on the news of the bailout. The fund tracks the FTSE Portugal 20 Index and holds a small basket of 20 stocks. So far, PGAL has gathered $35.2 million in assets. The product is heavily concentrated in its top ten holdings that form about three-fourth of the total fund assets.
Gundlach: Central Bankers Are Fighting Deflation with Deflation
Negative rates were introduced by central bankers to fight deflationary conditions. As it pans out, negative rates are leading these economies into deflation.
Ray Dalio’s Bridgewater Associates Has Something Interesting to Say about Brexit
Bridgewater Associates, which is managed by billionaire investor Ray Dalio, has warned its clients that a Brexit win could spread among EU countries.
Maintaining EU-UK Trade Relations: What Choices Does the UK Have?
Chances are high that a favorable trade agreement will be reached between the United Kingdom and the European Union (or EU) after Brexit.
Ray Dalio to Bond Investors: We’re There!
In a recent appearance at the Delivering Alpha conference, Ray Dalio commented on the amount and nature of debt in the global (VTI) (ACWI) economy.
Gundlach Looks for Evidence that Negative Rates May Support Markets
With developed markets such as Japan (EWJ) and Europe (FEZ) (VGK) resorting to negative rates, it only makes investing sense to analyze how negative rates stand to affect stock markets.
Gundlach’s Advice to Japanese and European Investors in US Treasury
US Treasuries are set for their second consecutive month of losses for the first time this year.
Paul Krugman: Not the Time to Hike Rates in Great Britain
Paul Krugman is among those who believed that Brexit wouldn’t affect the UK economy negatively.
Why Scotland’s referendum could affect global businesses
Warnings and announcements are being made by major banks—including Lloyds, TSB, and the Royal Bank of Scotland—to move their registered offices and some operations to England in the event of a separation.
Why Did the Euro Appreciate against the US Dollar?
European equity markets didn’t have the same enthusiasm as the euro, as new tariff threats to the European car industry from the Trump administration unnerved investors.
What’s the Link between Italian Policy and the Euro?
The euro-dollar (FXE) exchange rate managed to move back above 1.16 against the US dollar (UUP).
Why Italian Election Uncertainty Drove EUR-USD Lower
Last week, the euro-dollar (FXE) exchange rate moved below 1.16 for the first time in six months.
Why Disappointing Data Has Had Limited Impact on the Euro
The euro-dollar (FXE) exchange rate closed at 1.2 on May 11, with the euro depreciating by 0.13% against the US dollar (UUP).