WisdomTree Europe Hedged Equity Fund
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.
Fund Flows Continue to Rise in the European Union
Fund flows in European equities (EFA) have expanded at a slower pace since 2011. Overall, they’ve grown at an average of 10% over the past three years.
Credit Suisse and Barclays Are Bullish on European Equity for 2016
Credit Suisse (CS) strategists forecast 10% earnings growth in Europe versus a 6.8% growth expected from the US.
Eurozone Retail Activity Dipped In June, HEDJ Down 2.32%
The Eurozone’s Retail PMI (purchasing managers’ index) dipped to 50.4 in June from the 51.4 recorded in May.
Where Are Interest Rates Going? Ray Dalio Weighs In
Ray Dalio, and Marketplace Morning Report host David Brancaccio discussed the future of the economy and the next recession. Here’s what you need to know.
Why Germany’s ZEW Economic Sentiment Index Fell in June 2017
Germany’s ZEW Economic Sentiment Index (EWG) fell to 18.6 in June 2017, compared to 20.6 in May.
Deflation Continues in the Eurozone: VGK Down 1.43%
Consumer prices in the Eurozone remain in negative territory. Inflation was reported to be -0.1% in March. So, the Eurozone remains in a state of deflation.
Markets Look at US-China Trade Talks as Slowdown Concerns Multiply
Today, another round of trade talks started in Beijing.
Strong Economy and a Rate Cut: Can Trump Have It Both Ways?
Today, President Donald Trump told reporters, “Our country’s doing unbelievably well economically.”
Will UK’s 2Q17 Growth Strengthen Investor Sentiment?
The UK’s 2Q17 economic growth surprised the market with a rise of 0.3% as compared to a 0.2% rise in the first quarter of 2017.
Will the Fed Have to Use More Unconventional Measures?
Global monetary policy is unconventional. From an era of lowering interest rates to boost economic growth, central bankers are taking rates into negative territory.
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.
The European Union Is Falling Apart: George Soros
Soros remarked, “the European Union is falling apart,” when he was interviewed by Bloomberg TV on January 22. He also sees an impending collapse in Russia.
Italy’s Inflation Rate Rose in August: EWI Fell 0.40%
According to the August 31 release by the ISTAT, the EU’s harmonized inflation rate in Italy rose to an impressive 0.50% in August on a YoY (year-over-year) basis.
How the Eurozone ZEW Economic Sentiment Index Looked in October
According to a report by the Centre for European Economic Research (ZEW), the Eurozone ZEW Economic Sentiment Index fell to 26.7 so far in October compared to 31.7 in September.
German Consumer Confidence: What to Expect in 2017
Consumer confidence in Germany rose more than expected in February 2017, reflecting the recent boost in its market performance
How Have Equities Performed since the Brexit Vote?
Investors lost confidence due to the uncertainty surrounding the vote, which led to the expectation of the other member nations’ following in the United Kingdom’s footsteps.
Eurozone Agreement: Greece to Receive up to $96 Billion
On July 13, the Greek saga hit another milestone. Eurozone ministers reached a unanimous agreement to bail Greece out again.
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.
United Kingdom’s Services PMI Was Weaker in May
The United Kingdom’s weaker services PMI was due to slower improvement in new business orders, domestic demand, and export orders in May 2017.
What the Germany ZEW Economic Sentiment Index Indicates
The Germany ZEW Economic Sentiment Index was 17.5 in July 2017 compared to 18.6 in June. It didn’t meet the market expectation of 18.0.
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.
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.
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.
The British Pound after Brexit: Inside the Astounding 30-Year Low
On Friday, June 24, when the UK announced it would exit the EU, the pound fell to a 30-year low.
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.
Service Sector’s Contribution Has Been Rising in the UK
Let’s now take a look at specific risks that could arise for businesses as a consequence of Brexit.
Central Banks Are Accumulating Gold due to Dollar Worries
Central banks have been net buyers of gold (SGOL) since the beginning of the financial crisis of 2008.
Why Is Bank of America Bullish on Gold?
Bank of America is overweight on precious metals in 2019. One of the key arguments that Bank of America has is “de-dollarization.”
Shorting European Equities Is Crowded—Could It Mean a Reversal?
According to the latest Bank of America Merrill Lynch survey, shorting European equities has been the most crowded trade for two months in a row.
BAML Survey: How Are Global Fund Managers Positioned?
BAML conducted a survey that polled 187 global investors with $547 billion in total assets under management between April 5 and April 11.
Another US Jobs Disappointment Could Fuel Slowdown Fears
In February’s job report, while job additions came in substantially weaker than the economists’ expectations of 180,000 at just 20,000, the wage growth and unemployment rate came in strong.
Inversion of Yield Curve: Analysts Are Split on Recession Signals
After the yield curve inverted on March 22, market concerns about the global slowdown and a potential recession have multiplied.
Could Gold Gain on Slowdown Concerns after a Soft Start to 2019?
Gold prices (GLD) started 2019 on a relatively soft note. After a dismal fourth quarter, the stock markets have recovered remarkably in 2019.
Morgan Stanley: ‘Get Defensive’ on Inverted Yield Curve
Morgan Stanley (MS) equity strategist Michael Wilson said that investors should “remain defensively positioned,” as last week’s yield curve inversion was bearish for stock markets (DIA) (IVV).
Markets Spooked as Yield Curve Inverts for First Time since 2007
The Treasury yield curve turned negative on March 22. The ten-year yield fell below the three-month yield for the first time since 2007.
Weak Eurozone PMI Data Rattle Markets, Gold Gains
On March 22, gold prices have been gaining due to safe-haven bids led by weaker-than-expected economic data from the Eurozone (HEDJ).
Markets Tank as Weak Jobs Report Exacerbates Slowdown Concerns
The job additions in the US came to just 20,000 in February, which was much weaker than expected.
Why Central Banks Aren’t Listening to Warren Buffett on Gold
According to the gold demand trend for Q4 2018 released by the World Gold Council, central banks are on the biggest gold (GLD) buying spree in the last 50 years.
Central Banks Purchased the Most Gold in 50 Years in 2018
According to the gold demand trend released by the World Gold Council on January 31, annual gold demand increased by 4% in 2018.
The Next Downturn Is Worrying Dalio
Dalio said that the rates are almost zero in Europe (HEDJ) and Japan, and in the US (SPY) (DIA) rates are near 300 basis points, so the overall ability for the central banks to avert a downturn is limited.
A Perfect Storm Brewing in EU with Brexit: Is Gold the Answer?
The United Kingdom is set to leave the European Union (HEDJ) in March. A Withdrawal Agreement has yet to be approved by both the UK and European parliaments if the UK is to leave in a planned and orderly way.
Central Banks Buy Most Gold in Three Years
According to the World Gold Council (or WGC), central banks’ gold (SGOL) buying has hit the highest level in almost three years for the quarter ended September 2018.
US Economy: Are Investors Ignoring the Trade War Risks?
Jamie Dimon mentioned that while the price increases from the trade war are detrimental, the bigger problem will be the second-order effects.
Investors’ Positions as Gold Drops to a 19-Month Low
On August 15, gold prices fell to a 19-month low of $1,173 per ounce as the US dollar continued its winning streak.
Why the European Central Bank Is Optimistic about Growth
At its April 26 meeting, the ECB’s (European Central Bank) governing council sounded optimistic about the European Union’s growth momentum.
Eurozone Manufacturing Rises at a Higher Rate in November
Eurozone manufacturing data The Eurozone’s manufacturing PMI (purchasing managers’ index) stood at 60.1 in November, compared with 58.5 in October 2017, according to Markit Economics. The reading met the preliminary estimate of 60. Eurozone manufacturing activity rose due to increases in the following: production output new orders and export orders employment Production output and new order levels reached […]
Behind Spain’s New and Improved Manufacturing PMI
Spain’s manufacturing PMI rose to 55.8 in October 2017, compared with 54.3 in September 2017. The PMI figure beat the preliminary market estimation of 54.9.
What No Change in Germany’s Manufacturing PMI Could Mean for Its Economy
Germany’s final manufacturing PMI showed no change in October, coming in at 60.6, and meeting the preliminary market estimation of 60.5.
How France’s Unchanged Manufacturing PMI in October Could Affect Markets
The final France manufacturing PMI, remained unchanged in October 2017, standing at 56.1 and falling short of the preliminary market estimate of 56.7.
France’s Services PMI Strengthened in September after a Gradual Fall
The iShares MSCI France ETF (EWQ), which tracks France’s performance, rose 4% in September 2017.
The Eurozone Services PMI Improved Strongly in September
The final Eurozone services PMI (purchasing managers’ index) rose strongly in September 2017. It stood at 55.8 in September 2017, up from 54.7 in August 2017.
Does France’s Rising Manufacturing Mean a Strong Business Climate?
According to data provided by Markit Economics, the final Markit France manufacturing PMI (purchasing managers’ index) stood at 56.10 in September 2017, compared to 55.80 in August 2017.
Eurozone Services PMI Weakened: Will It Affect the Business Climate?
According to a report by Markit Economics, the Eurozone services PMI (purchasing managers’ index) stood at 54.7 in August as compared to 55.4 in July 2017.
Why Spain’s Service Activity Dropped in August 2017
According to a report by Markit Economics, the Spain Services PMI (purchasing managers’ index) stood at 56 in August compared with 57.6 in July.
Why France’s Services PMI Fell in August
According to data provided by Markit Economics, the August France Services PMI (purchasing managers’ index) stood at 54.9 in August 2017 compared with 56 in July 2017.
Eurozone’s Manufacturing PMI Indicates Healthier Economy
According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) improved in August 2017.
What Does France’s Rising Manufacturing Activity Suggest?
According to data provided by Markit Economics, the final Markit France manufacturing PMI (purchasing managers’ index) stood at 55.8 in August 2017 compared to 54.9 in July 2017.
How Germany’s Manufacturing Activity Was Trending in August 2017
According to a report by Markit Economics, Germany’s flash manufacturing PMI stood at 59.4 in August 2017 as compared to 58.1 in July.
How France’s Flash Manufacturing Activity Is Trending
According to data provided by Markit Economics, the flash Markit France manufacturing PMI (purchasing managers’ index) stood at 55.8 in August 2017 compared to 54.9 in July 2017.
Eurozone’s Growth Rate Rose 0.6% in 2Q17
According to Eurostat, the Eurozone’s economy posted a growth rate of 0.6% in 2Q17. In 1Q17, the economy posted a growth rate of 0.5%.
Analyzing the Eurozone’s Inflation in July 2017
On a year-over-year basis, the Eurozone Inflation Index was at 1.3% in July 2017—the same as in June, according to data provided by Eurostat.
Why Draghi Is a Person of Interest at Jackson Hole
ECB President Mario Draghi is scheduled to speak at this year’s Jackson Hole Symposium on August 25—after a hiatus of three years.
What Happened to the Eurozone Services PMI in July
The Eurozone Services PMI remained unchanged in July 2017, coming in at 55.4 but missing the preliminary market estimation.
How France’s Manufacturing Activity Trended in July
According to data provided by Markit Economics, the final Markit France manufacturing PMI (purchasing managers’ index) stood at 54.9 in July 2017 compared to 54.8 in June 2017.
How Did Germany’s Manufacturing PMI Trend in July?
The final Markit Germany manufacturing PMI (purchasing managers’ index) stood at 58.1 in July 2017 compared to 59.6 in June 2017.
Is Draghi Dovish after a Hawkish Signal Last Month?
An inflation level below the ECB’s target level mainly caused the central bank to maintain a dovish stance.
Germany’s Rising Manufacturing: A Change in Sentiment
According to data provided by Markit Economics, the final Markit Germany manufacturing PMI (purchasing managers’ index) stood at 59.6 in June 2017 compared to 59.5 in May.
Germany Services PMI Plunged: Should Germany Be Concerned?
The Germany Services PMI stood at 54.0 in June 2017 compared to 55.4 in May 2017. That meets the preliminary market estimate of 53.7.
The Eurozone ZEW Economic Sentiment Index Is on a Constant Rise
According to a report from the Center for European Economic Research, the Eurozone ZEW Economic Sentiment Index rose to 37.7 in June 2017.
What Does France’s Services PMI Indicate for the Economy?
The final Markit France services PMI stood at 57.2 in May 2017—compared to 56.7 in April 2017. The PMI was below the initial estimate of 58.0.
Why Germany’s Services PMI Didn’t Change in May
According to data provided by Markit Economics, the final Markit Germany services PMI (purchasing managers’ index) stood at 55.4 in May 2017.
Are Russian Equities Feeling the Slump in Oil Prices in 2017?
The Russian economy seemed to overcome the worries of Western sanctions and the slump in oil prices when Russian equities soared last year.
How Germany’s Services PMI Performed in April
According to Markit Economics, the Germany Services PMI stood at 55.4 in April 2017 compared to 55.6 in March 2017.
Will There Be an Economic Slowdown in 2017?
Any slowdown in China’s economic growth is expected to impact developed (SPY) (EWU) (HEDJ) and emerging economies (FXI) (EEM).
Will France’s Election Outcome Pressure the ECB?
The European Central Bank (or ECB) likely let out a huge sigh of relief after Emmanuel Macron emerged victorious in the second round of the French elections.
Why the Eurozone Sentix Investor Confidence Index Improved
Eurozone (FEZ) (VGK) investor confidence improved strongly in March 2017. The Sentix investor confidence index stood at 20.7 in the month.
What the Strengthening of the Germany Services PMI Indicates
According to data provided by Markit Economics, the final Markit Germany services PMI (purchasing managers’ index), released on March 3, 2017, stood at 54.4 in February 2017.
How European Equities Compare to US Equities in 2016–2017
European stocks are expected to rise in 2017, but you need to be cautious of unexpected political outcomes in 2017.
What’s Driving Germany’s Economic Growth?
The German Stock Index DAX 30 (DAX-INDEX) surged over its 12,000 historical mark in March and was trading at 11,941 on March 9, 2017.
Eurozone Manufacturing PMI Hits New Highs
According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) stood at 55.4 in February 2017 compared to 55.2 in January.
Will France’s Improving Manufacturing PMI Speed up Economic Growth?
France’s manufacturing PMI stood at 51.8 in October 2016, as compared to 49.7 in September, which is just above the initial estimate of 51.3.
Flash Eurozone Manufacturing PMI Improved in October
According to a report by Markit Economics, the flash Eurozone manufacturing PMI (purchasing managers’ index) stood at 53.3 in October compared to 52.6 in September.
Euro Bears the Brunt of ECB Policy Announcement
The most visible impact of the ECB (European Central Bank) claiming that it had neither discussed extending its asset purchase program nor any tapering of it was on the euro (FXE).
Inside the IMF’s Forecast for the Eurozone: Is the Region Poised for Economic Growth?
In its October 2016 WEO report, the IMF forecasts that the Eurozone will grow by 1.7% in 2016 and 1.5% in 2017—up from its prior forecast of 1.6% and 1.4%.
Eurozone GDP Met Expectations, German Inflation Rose
The Eurozone’s seasonally adjusted GDP rose by 1.6% on an annual basis in 2Q16—in line with estimated forecasts and against 1.7% growth in 1Q16.
France’s Flash Services PMI Indicates Improved Economic Sentiment
According to a report provided by Markit Economics, France’s Flash Services PMI stood at 50.3 for July 2016 compared to 49.9 in June.
Why Did Ifo’s Release Show Gains in Construction and Retail?
The overall Ifo business climate suffered a setback in July. Looking at the sector-based performance, the construction and retail sector saw a rise.
Country ETFs: Rates and Currency Movements Drive Flows
The iShares Core MSCI Emerging Markets ETF (IEMG) saw the largest inflows among country ETFs last week.
How Will Brexit Impact Iron Ore Prices?
Iron ore prices and iron ore miners tumbled following the Brexit vote, but they rebounded in the days following the referendum.
Country ETFs: Investors Caught Off-Guard
US Treasury yields tumbled to new lows post-Brexit as market participants bought into the relative safety of US Treasury bonds.
Post-Brexit Repercussions in Europe
Some leaders hailed the decision for Britain to leave the EU—Brexit—as being similar to an independence day. Brexit won with 52% of the votes.
Bremain Campaign Leads Slightly: Pros and Cons of the Brexit
The British pound gained on the US dollar with speculations that the British currency could rally if the Brexit does not take place.
How a Weak Euro Drove the Eurozone’s Performance in the Past Year
The euro–US dollar currency pair touched a low of 1.05 on March 13, 2015. It was the multiyear low for the euro against the US dollar (UUP).
Alexander Dryden Explains Why Europe Has More Room to Run
According to Dryden, the falling unemployment rate and improving consumer spending in Europe are important factors that will change the outlook of the economy.
Eurozone Investor Confidence Improves: Could the Economy Follow?
Eurozone (FEZ) investor confidence showed a strong recovery in June 2016.
Draghi on ECB Stimulus and Brexit: Are Volatile Times Ahead?
Mario Draghi, president of the ECB, has been facing criticism, especially from German officials, about the effectiveness of ECB stimulus measures. How is this affecting Europe-focused mutual funds?
Why Is the Correlation between the Euro and the Pound Increasing?
Political stability was one of the major factors in establishing the European Union. As the correlation between the euro and the pound increases, the cross-currency risk will also increase.
Why European Indexes Fell despite a Decent PMI Release
Critical European indexes continued their downward trajectory on April 1, 2016. The European indexes had a weak opening as they seemed to follow the Asian markets, which were also on a Japan-led downslide.
Bill Gross Says the Fed Has Become ‘Increasingly Addled’
In his investment outlook for February 2016, Bill Gross talks about the “Minsky Moment,” which requires one to rely on common sense as opposed to statistical modeling.