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Post-Brexit, Banks Could Be Problems For U.K. ETFs
Tuesday, July 26, 2016 - 8:47am | 632Underscoring the vulnerability of U.K. assets in the post-Brexit world, the Guggenheim CurrencyShares British (NYSE: FXB) is lower by nearly 12 percent over the past month. Remembering that when an investor opts for international stocks or funds he or she not only incurs equity risk, but currency...
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Benzinga Market Primer: Thursday, August 1: Futures Up On Europe and Asia
Thursday, August 1, 2013 - 6:57am | 1108Futures Higher on Economic Data U.S. equity futures are significantly up in early pre-market trade based on strong Asian and European PMI data. In addition, the Bank of England and European Central Bank are expected to reaffirm a policy of easing Thursday morning. Top News Eurozone...
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Benzinga Market Primer, Wednesday October 17
Wednesday, October 17, 2012 - 6:09am | 1110U.S. equity futures were flat in early Wednesday trading ahead of lots of earnings releases expected. Also, Moody's refrained from downgrading Spain to junk overnight, but did keep the nation's credit rating on negative watch. Top News In other news around the markets: Conflicting reports Tuesday...
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European Central Bank, Bank of England Hold Firm on Policy
Thursday, August 2, 2012 - 9:23am | 425Central banks in Europe stood firm on policy Thursday following rate cuts at previous meetings. Both the European Central Bank and the Bank of England kept rates firm and neither decided to launch any new non-traditional policies. The Bank of England kept rates on hold and kept its quantitative...
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Benzinga Market Primer, Thursday August 2
Thursday, August 2, 2012 - 6:46am | 681U.S. equity futures rose ahead of the interest rate decisions from both the Bank of England and the European Central Bank. Also, the People's Bank of China reported that it has not cut rates this month as some had expected. Recall that before the previous two Bank of England decisions, China had...
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Central Bank Preview: Federal Reserve, European Central Bank, Bank of England All Set to Act
Monday, July 30, 2012 - 9:57am | 602All eyes this week are on the three most important central banks in the world as the global economy continues to slow. The root of the global slowdown can be traced to Europe, whose drive to austerity has forced governments to curb spending, sending nations across the continent back into recession...
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Benzinga Market Primer, Monday July 30
Monday, July 30, 2012 - 7:07am | 756Markets await interest rate decisions from multiple central banks this week as the European Debt Crisis continues to drag on global growth. Comments from European politicians and leaders last week indicated that the European Central Bank is set to launch a new round of crisis fighting measures...