Fi Enhanced Europe 50 ETN (FIEU) 119.23 $FIEU
European rally leaves even bulls in the dust
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 7:30AM CDT
EWI: 14.83 (+0.46), EFNL: 34.68 (+0.77), EWG: 30.26 (+0.79), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), DBEU: 29.69 (+0.31), EWD: 33.90 (+0.33), QESP: 50.06 (+1.38), DBGR: 28.93 (+0.24), EWQ: 26.42 (+0.70), FIEU: 119.23 (+5.93), EWP: 34.42 (+1.53), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), EWO: 15.92 (+0.29), EWN: 25.90 (+0.56), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), EWK: 17.00 (+0.37), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), EIRL: 38.17 (+1.00), DAX: 28.65 (+0.87), DBEZ: 29.79 (+0.37), FGM: 39.09 (+0.88), GXF: 23.80 (+0.45), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), NORW: 11.81 (+0.23), ADRU: 23.48 (+0.56), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), DXGE: 31.68 (+0.38), QDEU: 58.13 (+1.49), EZU: 39.08 (+1.08), HEWG: 28.80 (+0.33), PGAL: 11.68 (+0.40), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), EWGS: 40.17 (+0.98), EDEN: 51.40 (+1.13), ENOR: 22.92 (+0.41)
European QE Creates Distortions In World Economy
John Browne - Seeking Alpha - Fri Mar 20, 5:19AM CDT
In the closing months of 2014, Germany faced a difficult dilemma. Although its own economy was holding up well, incoming data showed that the rest of the Eurozone was rapidly slipping into recession. As a result, the calls for the European Central...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39)
When Will The ECB Start To Taper?
Edward Hugh - at Seeking Alpha - Wed Mar 18, 4:44AM CDT
What matters isn't what you think should happen, it's what others think will happen that counts. Funny days these, the world seems to be constantly turning upside down. I could be talking about the arrival of negative interest rates in many...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
BAML survey: Fund managers move out of U.S. stocks
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 11:21AM CDT
FEX: 47.29 (+0.43), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), ZLRG: 26.35 (+0.11), DBEU: 29.69 (+0.31), FEP: 31.62 (+0.65), FIEU: 119.23 (+5.93), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), SBUS: 25.46 (+0.21), FEU: 36.03 (+0.69), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), EEH: 15.64 (+0.18), ERW: 54.77 (+0.55), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), ADRU: 23.48 (+0.56), SCHX: 50.69 (+0.43), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), SYE: 58.56 (unch), EZU: 39.08 (+1.08), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), FWDD: 44.49 (+0.48), VV: 97.40 (+0.88), EQL: 57.89 (+0.55), IWL: 47.90 (+0.38), JKD: 124.23 (+1.12)
Europe's Banks Lend Themselves Less Of QE's Intentions
Joseph Calhoun - Seeking Alpha - Tue Mar 17, 6:39AM CDT
By Jeffrey P. Snider So far, Europe's QE is having some trouble gaining pace. As of March 13, the ECB reports that €9.7 under the Public Sector Purchase Program has been carried out, or about half the rate that was anticipated. That may come...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Could Non-Performing Loans Be The Next Trigger?
ValueWalk - Seeking Alpha - Mon Mar 16, 4:55PM CDT
By Roger Thomas In the financial world, debt is king. And, with an ever increasing financialization of many aspects of our lives, debt is becoming more, not less, important. The increasing importance of debt, of course, makes it a connecting...
VT: 62.94 (+0.86), ADRU: 23.48 (+0.56), ACWI: 61.12 (+0.90), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), GREK: 10.75 (+0.59), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), FIGY: 122.81 (+3.69), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), RGRO: 50.72 (+0.78), DGT: 71.38 (+0.11), ONEF: 35.99 (-0.22), IEV: 45.29 (+1.11), RWV: 50.94 (unch), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), IEIL: 24.48 (+0.48)
The ECB Should End QE Next Month
EconMatters - Seeking Alpha - Sun Mar 15, 8:29AM CDT
Mario Draghi backed into Unenviable Corner This was an instance where the markets pushed Mario Draghi in a direction that really wasn't necessary, an area he knew deep down was fruitless, and in the end will be proven to be a complete waste of...
ADRU: 23.48 (+0.56), ULE: 15.74 (+0.44), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), URR: 17.25 (+0.55), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), EUO: 26.67 (-0.88), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Have European Stocks Reached A Turning Point?
Wall Street Daily - at Seeking Alpha - Sun Mar 15, 3:59AM CDT
By Alan Gula On March 9, 2015, the Public Sector Purchase Programme was initiated. This eurozone bond-buying program, also known as quantitative easing (QE), is meant to reinvigorate Europe's lethargic economies and prevent deflation. Clearly,...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Why European Equity?
Emerging Money - Seeking Alpha - Thu Mar 12, 5:27PM CDT
By Tim Seymour I've been harping on European equities since late December. I have been right. But guess what, things have gotten even more lopsided in favor of EU allocations. If you are buying today, you don't have the last 15 big figures lower...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), GUR: 27.69 (+0.22), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), ESR: 17.11 (+0.57), HEZU: 29.31 (+0.39)
Eurozone Industry Sees Best Production Trend For A Year
Markit - Seeking Alpha - Thu Mar 12, 7:55AM CDT
Despite a setback in January, the trend in euro area industrial production is picking up. This upturn adds to the growing stream of better economic data for the region, and is likely to lead to further upward revisions to euro area growth in 2015....
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Another Low In Euro Ahead Of U.S. Data And Carney Speech
Dean Popplewell - Seeking Alpha - Thu Mar 12, 5:38AM CDT
By Craig Erlam This week's trend of euro and dollar moves really dictating the state of play in the markets looks set to continue again this morning in the absence of any important scheduled events or data releases. This afternoon, shortly before...
ULE: 15.74 (+0.44), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), DBEU: 29.69 (+0.31), URR: 17.25 (+0.55), FEP: 31.62 (+0.65), FIEU: 119.23 (+5.93), FEUZ: 32.88 (+0.78), EUO: 26.67 (-0.88), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82), ADRU: 23.48 (+0.56), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), EZU: 39.08 (+1.08), EU: 20.54 (-0.08), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), EUFX: 44.64 (-0.66)
European Rates Converge In Wake Of QE
Markit - Seeking Alpha - Wed Mar 11, 11:45AM CDT
The ECB QE policy has seen yield curves in Europe flatten across the board, although the ECB's pledge to limit purchase to assets priced above -0.2% has caused a price floor. The ECB's QE programme commenced Monday, which European bonds investors...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), EU: 20.54 (-0.08), IEUR: 46.52 (+1.12), GGOV: 35.62 (-1.63), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), BUNT: 52.90 (-0.39), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), BUNL: 28.13 (+0.13)
Euro Area Growth Indicator Improved In February
Constantin Gurdgiev - Seeking Alpha - Wed Mar 11, 5:51AM CDT
In February, Eurocoin - a leading growth indicator from CEPR and Banca d'Italia - posted a pretty decent rise to 0.23 from 0.16 in January. The 2-month average is now consistent with growth of 0.3-0.4 percent q/q. (click to enlarge) This is...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Citi lifts targets for European stocks
Seeking Alpha - at Seeking Alpha - Tue Mar 10, 10:10AM CDT
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Fool Me Once, Shame On You; Fool Me Twice, Shame On Me
David Beckworth - Seeking Alpha - Tue Mar 10, 5:17AM CDT
On Friday, I was interviewed by Erin Ade on Boom Bust. We discussed why the Eurozone is not an optimal currency area - low labor mobility, limited fiscal transfers, differing regional business cycles - and why this means a one-size-fits all...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Looking For Value
Joseph Calhoun - Seeking Alpha - Mon Mar 09, 9:51AM CDT
By Douglas R. Terry Today's world is one of historically high US equity valuations, equity buybacks but an otherwise lack of breadth in equity performance, and little to no yield for short duration fixed income. Where does one look for value? ...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), SINF: 47.80 (unch), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), RINF: 30.61 (+0.74), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), FINF: 42.47 (-0.64), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), INFL: 39.28 (unch), UINF: 27.79 (+0.01), HEZU: 29.31 (+0.39), DEFL: 58.00 (unch)
Eurozone Economic Outlook Brightens With Nascent Recovery Confirmed
Markit - Seeking Alpha - Mon Mar 09, 7:42AM CDT
The euro area economy grew 0.3% in the final quarter of last year, confirming initial estimates that the region is pulling out of its malaise. With business survey data indicating that the upturn has extended into the first quarter of 2015 and the...
ADRU: 23.48 (+0.56), ULE: 15.74 (+0.44), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), URR: 17.25 (+0.55), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), EUO: 26.67 (-0.88), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
The ECB's Lunatic Full Monty Treatment
Pater Tenebrarum - Seeking Alpha - Mon Mar 09, 2:48AM CDT
Not Quite Right in the Head? The belief that the market economy requires "steering" by altruistic central bankers, who make decisions influencing the entire economy based on their personal epiphanies, has rarely been more pronounced than...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Why European Stock Markets Are The Place To Be
Jeff Opdyke - Seeking Alpha - Mon Mar 09, 2:21AM CDT
If a picture tells a thousand words, then can numbers dispel a thousand lies? For months I have been saying that the global economy - in particular, Europe - is far, far healthier than the media has been reporting. And now a slew of numbers are...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Credit Markets Positive On ECB And U.S. Banks
Markit - Seeking Alpha - Mon Mar 09, 1:16AM CDT
The latest ECB meeting spurred on risk assets, while across the Atlantic US banks fared well in stress tests. Europe optimistic The ECB outlined its QE programme, intended to spur growth and boost inflation, due to start on March 9th. ECB...
FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), DBEU: 29.69 (+0.31), GREK: 10.75 (+0.59), C: 52.98 (+0.60), FEP: 31.62 (+0.65), FIEU: 119.23 (+5.93), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), ADRU: 23.48 (+0.56), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), EZU: 39.08 (+1.08), EU: 20.54 (-0.08), MS: 36.50 (+0.39), SBEU: 25.31 (-0.10), GS: 193.13 (+3.16), IEV: 45.29 (+1.11)
European rally leaves even bulls in the dust
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 7:30AM CDT
EWI: 14.83 (+0.46), EFNL: 34.68 (+0.77), EWG: 30.26 (+0.79), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), DBEU: 29.69 (+0.31), EWD: 33.90 (+0.33), QESP: 50.06 (+1.38), DBGR: 28.93 (+0.24), EWQ: 26.42 (+0.70), FIEU: 119.23 (+5.93), EWP: 34.42 (+1.53), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), EWO: 15.92 (+0.29), EWN: 25.90 (+0.56), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), EWK: 17.00 (+0.37), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), EIRL: 38.17 (+1.00), DAX: 28.65 (+0.87), DBEZ: 29.79 (+0.37), FGM: 39.09 (+0.88), GXF: 23.80 (+0.45), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), NORW: 11.81 (+0.23), ADRU: 23.48 (+0.56), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), DXGE: 31.68 (+0.38), QDEU: 58.13 (+1.49), EZU: 39.08 (+1.08), HEWG: 28.80 (+0.33), PGAL: 11.68 (+0.40), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), EWGS: 40.17 (+0.98), EDEN: 51.40 (+1.13), ENOR: 22.92 (+0.41)
European QE Creates Distortions In World Economy
John Browne - Seeking Alpha - Fri Mar 20, 5:19AM CDT
In the closing months of 2014, Germany faced a difficult dilemma. Although its own economy was holding up well, incoming data showed that the rest of the Eurozone was rapidly slipping into recession. As a result, the calls for the European Central...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39)
When Will The ECB Start To Taper?
Edward Hugh - at Seeking Alpha - Wed Mar 18, 4:44AM CDT
What matters isn't what you think should happen, it's what others think will happen that counts. Funny days these, the world seems to be constantly turning upside down. I could be talking about the arrival of negative interest rates in many...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
BAML survey: Fund managers move out of U.S. stocks
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 11:21AM CDT
FEX: 47.29 (+0.43), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), ZLRG: 26.35 (+0.11), DBEU: 29.69 (+0.31), FEP: 31.62 (+0.65), FIEU: 119.23 (+5.93), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), SBUS: 25.46 (+0.21), FEU: 36.03 (+0.69), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), EEH: 15.64 (+0.18), ERW: 54.77 (+0.55), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), ADRU: 23.48 (+0.56), SCHX: 50.69 (+0.43), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), SYE: 58.56 (unch), EZU: 39.08 (+1.08), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), FWDD: 44.49 (+0.48), VV: 97.40 (+0.88), EQL: 57.89 (+0.55), IWL: 47.90 (+0.38), JKD: 124.23 (+1.12)
Europe's Banks Lend Themselves Less Of QE's Intentions
Joseph Calhoun - Seeking Alpha - Tue Mar 17, 6:39AM CDT
By Jeffrey P. Snider So far, Europe's QE is having some trouble gaining pace. As of March 13, the ECB reports that €9.7 under the Public Sector Purchase Program has been carried out, or about half the rate that was anticipated. That may come...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Could Non-Performing Loans Be The Next Trigger?
ValueWalk - Seeking Alpha - Mon Mar 16, 4:55PM CDT
By Roger Thomas In the financial world, debt is king. And, with an ever increasing financialization of many aspects of our lives, debt is becoming more, not less, important. The increasing importance of debt, of course, makes it a connecting...
VT: 62.94 (+0.86), ADRU: 23.48 (+0.56), ACWI: 61.12 (+0.90), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), GREK: 10.75 (+0.59), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), FIGY: 122.81 (+3.69), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), RGRO: 50.72 (+0.78), DGT: 71.38 (+0.11), ONEF: 35.99 (-0.22), IEV: 45.29 (+1.11), RWV: 50.94 (unch), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), IEIL: 24.48 (+0.48)
The ECB Should End QE Next Month
EconMatters - Seeking Alpha - Sun Mar 15, 8:29AM CDT
Mario Draghi backed into Unenviable Corner This was an instance where the markets pushed Mario Draghi in a direction that really wasn't necessary, an area he knew deep down was fruitless, and in the end will be proven to be a complete waste of...
ADRU: 23.48 (+0.56), ULE: 15.74 (+0.44), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), URR: 17.25 (+0.55), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), EUO: 26.67 (-0.88), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Have European Stocks Reached A Turning Point?
Wall Street Daily - at Seeking Alpha - Sun Mar 15, 3:59AM CDT
By Alan Gula On March 9, 2015, the Public Sector Purchase Programme was initiated. This eurozone bond-buying program, also known as quantitative easing (QE), is meant to reinvigorate Europe's lethargic economies and prevent deflation. Clearly,...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Why European Equity?
Emerging Money - Seeking Alpha - Thu Mar 12, 5:27PM CDT
By Tim Seymour I've been harping on European equities since late December. I have been right. But guess what, things have gotten even more lopsided in favor of EU allocations. If you are buying today, you don't have the last 15 big figures lower...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), GUR: 27.69 (+0.22), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), ESR: 17.11 (+0.57), HEZU: 29.31 (+0.39)
Eurozone Industry Sees Best Production Trend For A Year
Markit - Seeking Alpha - Thu Mar 12, 7:55AM CDT
Despite a setback in January, the trend in euro area industrial production is picking up. This upturn adds to the growing stream of better economic data for the region, and is likely to lead to further upward revisions to euro area growth in 2015....
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Another Low In Euro Ahead Of U.S. Data And Carney Speech
Dean Popplewell - Seeking Alpha - Thu Mar 12, 5:38AM CDT
By Craig Erlam This week's trend of euro and dollar moves really dictating the state of play in the markets looks set to continue again this morning in the absence of any important scheduled events or data releases. This afternoon, shortly before...
ULE: 15.74 (+0.44), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), DBEU: 29.69 (+0.31), URR: 17.25 (+0.55), FEP: 31.62 (+0.65), FIEU: 119.23 (+5.93), FEUZ: 32.88 (+0.78), EUO: 26.67 (-0.88), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82), ADRU: 23.48 (+0.56), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), EZU: 39.08 (+1.08), EU: 20.54 (-0.08), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), EUFX: 44.64 (-0.66)
European Rates Converge In Wake Of QE
Markit - Seeking Alpha - Wed Mar 11, 11:45AM CDT
The ECB QE policy has seen yield curves in Europe flatten across the board, although the ECB's pledge to limit purchase to assets priced above -0.2% has caused a price floor. The ECB's QE programme commenced Monday, which European bonds investors...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), EU: 20.54 (-0.08), IEUR: 46.52 (+1.12), GGOV: 35.62 (-1.63), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), BUNT: 52.90 (-0.39), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39), BUNL: 28.13 (+0.13)
Euro Area Growth Indicator Improved In February
Constantin Gurdgiev - Seeking Alpha - Wed Mar 11, 5:51AM CDT
In February, Eurocoin - a leading growth indicator from CEPR and Banca d'Italia - posted a pretty decent rise to 0.23 from 0.16 in January. The 2-month average is now consistent with growth of 0.3-0.4 percent q/q. (click to enlarge) This is...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Citi lifts targets for European stocks
Seeking Alpha - at Seeking Alpha - Tue Mar 10, 10:10AM CDT
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Fool Me Once, Shame On You; Fool Me Twice, Shame On Me
David Beckworth - Seeking Alpha - Tue Mar 10, 5:17AM CDT
On Friday, I was interviewed by Erin Ade on Boom Bust. We discussed why the Eurozone is not an optimal currency area - low labor mobility, limited fiscal transfers, differing regional business cycles - and why this means a one-size-fits all...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Looking For Value
Joseph Calhoun - Seeking Alpha - Mon Mar 09, 9:51AM CDT
By Douglas R. Terry Today's world is one of historically high US equity valuations, equity buybacks but an otherwise lack of breadth in equity performance, and little to no yield for short duration fixed income. Where does one look for value? ...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), SINF: 47.80 (unch), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), RINF: 30.61 (+0.74), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), FINF: 42.47 (-0.64), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), INFL: 39.28 (unch), UINF: 27.79 (+0.01), HEZU: 29.31 (+0.39), DEFL: 58.00 (unch)
Eurozone Economic Outlook Brightens With Nascent Recovery Confirmed
Markit - Seeking Alpha - Mon Mar 09, 7:42AM CDT
The euro area economy grew 0.3% in the final quarter of last year, confirming initial estimates that the region is pulling out of its malaise. With business survey data indicating that the upturn has extended into the first quarter of 2015 and the...
ADRU: 23.48 (+0.56), ULE: 15.74 (+0.44), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), URR: 17.25 (+0.55), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), EUO: 26.67 (-0.88), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
The ECB's Lunatic Full Monty Treatment
Pater Tenebrarum - Seeking Alpha - Mon Mar 09, 2:48AM CDT
Not Quite Right in the Head? The belief that the market economy requires "steering" by altruistic central bankers, who make decisions influencing the entire economy based on their personal epiphanies, has rarely been more pronounced than...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Why European Stock Markets Are The Place To Be
Jeff Opdyke - Seeking Alpha - Mon Mar 09, 2:21AM CDT
If a picture tells a thousand words, then can numbers dispel a thousand lies? For months I have been saying that the global economy - in particular, Europe - is far, far healthier than the media has been reporting. And now a slew of numbers are...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), HEZU: 29.31 (+0.39)
Credit Markets Positive On ECB And U.S. Banks
Markit - Seeking Alpha - Mon Mar 09, 1:16AM CDT
The latest ECB meeting spurred on risk assets, while across the Atlantic US banks fared well in stress tests. Europe optimistic The ECB outlined its QE programme, intended to spur growth and boost inflation, due to start on March 9th. ECB...
FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), DBEU: 29.69 (+0.31), GREK: 10.75 (+0.59), C: 52.98 (+0.60), FEP: 31.62 (+0.65), FIEU: 119.23 (+5.93), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), EPV: 54.01 (-2.86), HEDJ: 66.87 (+0.74), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), ADRU: 23.48 (+0.56), EURL: 34.21 (+2.36), FEEU: 115.60 (+6.09), EZU: 39.08 (+1.08), EU: 20.54 (-0.08), MS: 36.50 (+0.39), SBEU: 25.31 (-0.10), GS: 193.13 (+3.16), IEV: 45.29 (+1.11)
