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Reconsidering Europe ETFs
Monday, September 12, 2016 - 11:17am | 571The Guggenheim CurrencyShares Euro Trust (NYSE: FXE) is up 2.7 percent year-to-date and that is just one data point underscoring the difficult environment faced by equity-based Europe ETFs this year, particularly those of the currency-hedged variety. Not surprisingly, the European Central Bank (ECB...
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Helicopter Money: From Laughable To Plausible
Friday, July 22, 2016 - 6:49am | 353The concept of helicopter money was originated by renowned economist Milton Friedman as an exaggerated means of describing the Federal Reserve Bank's ability to "print money." Friedman suggested that, in a pinch, central banks could simply print off a bunch of paper money, load it...
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3 Trades To Make After Draghi's Comments
Saturday, March 12, 2016 - 1:10pm | 312CNBC’s "Fast Money" traders on Friday shared three moves to make after European Central Bank President Mario Draghi said the ECB would not be boosting rates any further. Guy Adami recommended the iShares Barclays 20+ Yr Treas.Bond (ETF) (NASDAQ: TLT). Considering what is going...
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Impact Of BoJ's Negative Rates Will Take Time, Say Japanese Officials
Friday, March 11, 2016 - 2:32pm | 313Bank of Japan Governor Haruhiko Kuroda told the government's top advisory panel that it will take time for its negative interest rate policy to have an impact, a Reuters report said citing Economy Minister Nobuteru Ishihara. In January, the BoJ stunned the market by adopting a negative interest...
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ECB Continues Down Rate Reduction Road
Thursday, March 10, 2016 - 10:49am | 729The European Central Bank (ECB) stunned the market with three-pronged cut in interest rates and expansion of its bond-buying program. The ECB trimmed the interest rate on the main refinancing operations of the eurosystem by 5 basis points down to 0.00 percent. The interest rate on the marginal...
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Europe Banking ETF Faces Risks
Wednesday, January 27, 2016 - 2:44pm | 603Global equity markets have been confounded by volatility this year, prompting investors to seek safe-haven assets. One region advisors and investors may currently be viewing as somewhat risky is developed Europe, particularly since European Central Bank President Mario Draghi disappointed global...
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An ETF For Dealing With European Volatility
Monday, January 25, 2016 - 9:41am | 539In December, European Central Bank President Mario Draghi disappointed global financial markets with smaller-than-expected additions and tweaks to the ECB's quantitative easing regime. Since then, European stocks and the corresponding U.S.-listed exchange-traded funds have not been immune to...
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8 Things To Expect Now That The Fed Has Increased Interest Rates
Friday, December 18, 2015 - 11:10am | 1569On Wednesday, the U.S. Federal Reserve made history by raising interest rates and officially ending a prolonged period of "easy-money" in the United States. So far, global markets have reacted positively, as much of the uncertainty surrounding when the bank would begin tightening has finally been...
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Options Outlook: Manage Open Risk Ahead Of Fed Meeting
Monday, December 7, 2015 - 2:22pm | 810Last week's scoreboard showed a flattish result, but getting there was far from boring thanks to unprecedented jawboning by global central banks. Friday ended super green – up almost 2 percent – completely erasing the Thursday drubbing. The Friday open should have been weak as a...
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ECB Cuts Rate To -0.3%; El-Erian Says It 'Did Not Go As Far As Markets Had Anticipated And Hoped'
Thursday, December 3, 2015 - 11:07am | 426The European Central Bank on Thursday announced a 10 basis point cut in the deposit rate to -0.3 percent, as expected. The ECB also announced an extension of its QE program until at least March 2017. Speaking to Benzinga, Mohamed El-Erian noted the ECB "did not go as far as markets...
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Friday's After Hours Movers: Alexion Pharma Resumes Trading Following Halt
Friday, October 23, 2015 - 4:48pm | 296Momentum in US markets carried over into Friday's trading session after China's central bank slashed its interest rates for the sixth time in less than a year. The central bank also lowered the amount of cash on hand that banks need to hold to reinvigorate its economy. Meanwhile, the European...
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Is Europe Recovering Or Not?
Friday, October 2, 2015 - 7:51am | 440Mixed messages from the eurozone this week had investors wondering if the bloc was on an upward trajectory or if it was time to batten down the hatches for another financial meltdown. While the bloc's policymakers appear to be confident in the direction the region is headed, data suggests...
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European Investments, Greek Bonds Beginning To Look More Attractive
Tuesday, September 22, 2015 - 2:30pm | 376For the first time in a long time, Europe is beginning to look appealing for investors. The region has been through a difficult year of economic and political uncertainty, and despite predictions that the eurozone would crumble just a few months ago, the region appears to be turning a corner into...
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The Gartman Letter: Europe, Thursday's U.S. Data And Why Friday's Jobs Report May Be 'Unreliable'
Friday, September 4, 2015 - 1:26pm | 416Dennis Gartman, editor and publisher of "The Gartman Letter," commented on some of the top issues affecting the equity and commodities market. Slower Recovery In Europe According to Gartman, the European Central Bank's President Mario Draghi's comments indicate a "continued though somewhat weaker...
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More ECB Stimulus On The Way?
Wednesday, September 2, 2015 - 12:09pm | 336The European Central Bank is set to hold its monthly policy meeting on Thursday, and investors aren't expecting the bank to make any major policy changes — at least not yet. The bank's €1.1 trillion stimulus program has made a minimal impact on the region's shaky recovery, and after the Greek...