What's Next for Europe's Economy? ETFs to Consider
Look at ETFs with exposure to the Eurozone, as political turmoil, Trump's economic policies and a weak Chinese economy paint a bleak outlook for the region.
ETFs See Tremendous Trading Volume After Election
The results of the 2024 presidential election have certainly rocked the markets, and ETFs were no exception. Using Bloomberg data, Scotia ETF Services reports that U.S. ETFs traded about $262 billion on Nov. 6, the day after the election.
3 Takeaways From Today's ECB Meeting
The European Central Bank cut interest rates by 25bps, bringing the deposit rate down to 3.75%. Inflation is expected to come in at 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026.
Why The European Central Bank Is Embracing The Idea Of Rate Cuts
Declining inflation and slower growth have contributed to the rising potential for rate cuts in Europe. Eurozone core inflation has been coming down more quickly than similar measures in the U.S. and the U.K. If the euro were to weaken and drop through parity, that might give the ECB pause about cutting rates.
