Information Services Group

CNA Financial

IAMGOLD

HEICO

Shell PLC

ProShares Ultra MSCI Japan

Equinor

Vanguard Mid-Cap Value ETF

Tenneco

Banco Santander

First Trust Europe AlphaDEX Fund

FEP tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P's AlphaDex selection methodology.

JPMorgan BetaBuilders Europe ETF

Global X DAX Germany ETF

Xtrackers MSCI Europe Hedged Equity ETF

Xtrackers MSCI Eurozone Hedged Equity ETF

Xtrackers MSCI Germany Hedged Equity ETF

WisdomTree Europe SmallCap Dividend Fund

WisdomTree Germany Hedged Equity Fund

WisdomTree Europe Quality Dividend Growth Fund

ProShares MSCI Europe Dividend Growers ETF

Direxion Daily FTSE Europe Bull 3X Shares

WisdomTree Europe Hedged SmallCap Equity Fund

iShares MSCI Germany ETF

iShares MSCI Germany Small Cap ETF

iShares MSCI Netherlands ETF

iShares MSCI Spain ETF

iShares MSCI United Kingdom ETF

iShares MSCI United Kingdom Small Cap ETF

iShares MSCI Eurozone ETF

First Trust STOXX European Select Dividend Index Fund

First Trust Eurozone AlphaDEX ETF

SPDR EURO STOXX 50 ETF

First Trust Germany AlphaDEX Fund

UBS AG FI Enhanced Europe 50 ETN

First Trust United Kingdom AlphaDEX Fund

Franklin FTSE Europe ETF

Franklin FTSE Europe Hedged ETF

Franklin FTSE United Kingdom ETF

Franklin FTSE Germany ETF

First Trust IPOX Europe Equity Opportunities ETF

Goldman Sachs ActiveBeta Europe Equity ETF

WisdomTree Europe Hedged Equity Fund

iShares Currency Hedged MSCI Germany ETF

iShares Currency Hedged MSCI United Kingdom ETF

iShares Currency Hedged MSCI Eurozone ETF

iShares Core MSCI Europe ETF

iShares MSCI Europe Small-Cap ETF

iShares Europe ETF

ALPS O'Shares Europe Quality Dividend ETF Shares

Pacer Trendpilot European Index ETF

First Trust RiverFront Dynamic Europe ETF

SPDR Portfolio Europe ETF

Vanguard FTSE Europe ETF

For the first time in over a decade, labor unions have leverage - and fully intend to take advantage of it. Despite historically outsized wage settlements, real wages remain negative and are unlikely to be positive for some time.

Europe's Unionized Wage Pressures

iShares MSCI All Country Asia ex Japan ETF

SmartETFs Asia Pacific Dividend Builder ETF

iShares Asia 50 ETF

ARK Innovation ETF

Global X FTSE Southeast Asia ETF

Avantis U.S. Small Cap Value ETF

JPMorgan BetaBuilders Developed Asia EX-Japan ETF

Asian Growth CUBS ETF

iShares Asia/Pacific Dividend ETF

iShares MSCI Emerging Markets Asia ETF

iShares MSCI Pacific ex-Japan ETF

Most ETF trading activity occurs in the secondary market, where ETF shares change hands between buyers and sellers. March 2023 saw a number of shocks to global financial markets, including bank bailouts and the prolonged effects of a heightened interest rate environment.

Global ETF Market Facts: 3 Things To Know From Q1 2023

UBS will receive substantial downside protection on acquired CS non-core assets of up to CHF25 billion. Credit Suisse remains active and should continue meeting its obligations until the merger closes, likely in the second quarter of 2023.

European Banks After Credit Suisse

The ECB continues to fight against inflation and seems unperturbed by the market turmoil of the last few days. Dropping forward guidance, lowering inflation projections, and a growing awareness that the tightening so far can have adverse effects all suggest that today's meeting probably marks the final phase of ECB tightening.

ECB Hikes By 50bp And Drops Forward Guidance, While Keeping The Door Open To More Hikes

Last week saw the eurozone's headline inflation for February decline to +8.5% YoY although core inflation (excluding food and energy) came in above expectations at +5.6% YoY. Food inflation remains the key driver of headline inflation (+15% YoY), in a large part due to fresh food.

Eurozone Inflation: A Downward Slope

HICP inflation fell for the fourth straight month in February. Energy inflation will plunge again in March.

Underlying Price Pressures To Extend ECB Rate-Hiking Cycle

We think improving euro area activity signals more rate hikes to come. We like short-term government bonds, high-quality credit and selected equity sectors.

Europe: Sticky Inflation Favors Income

Lower energy prices have boosted both business and consumer confidence. However, the better growth outlook will slow the decline in core inflation, pushing the ECB to act more forcefully.

Eurozone: Better Than Expected Doesn't Mean Good

Fully stocked warehouses, the higher cost of working capital and a gradual return of just-in-time management will likely weigh on inventory building in the coming months. That will be a modest headwind for economic growth in Europe in the first half of the year.

Inventory Overhang Will Be A Modest Headwind For Eurozone Growth

iShares MSCI Global Multifactor ETF

iShares MSCI ACWI ETF

iShares Edge MSCI Min Vol Global ETF

FlexShares Real Assets Allocation Index Fund

Global X Health & Wellness Thematic ETF

Inspire Global Hope ETF

iShares MSCI ACWI Low Carbon Target ETF

WisdomTree Global High Dividend Fund

SPDR Global Dow ETF

SmartETFs Dividend Builder ETF

Davis Select Worldwide ETF

Global X Education ETF

FlexShares STOXX Global ESG Select Index Fund

Investors were net purchasers of money market funds while being net redeemers of equity funds, tax-exempt fixed income funds, and taxable bond funds for the week. For the week, the average equity fund (including ETFs) witnessed market declines of 1.01%, while its taxable fixed income counterpart declined 0.23%.

U.S. Fund And ETF Investors Continue To Favor Foreign Issues In 2023

Overnight interest rates measure the cost at which market participants access short-term funding and are thus critical to the health of a given financial system. CME Group RepoFunds Rates and the European Central Bank's €STR are both important overnight interest rates for the eurozone.

4 Key Questions On European Overnight Rates

Economists expected the U.S. economy to have added 185,000 jobs last month, following the 223,000 added in December. Forecasts also had the unemployment rate increase from 3.5% to 3.6%.

European Region ETFs Reap The Benefits Of Domestic ETF Outflows

Many economic indicators point to a global slowdown. Unprecedented tailwinds in the form of free money and fiscal profligacy have turned into major headwinds. The Federal Reserve's recent Quantitative Tightening is having an effect that mirrors and reverses Quantitative Easing's wealth effect. Since QE ended, asset prices across the board are down dramatically. Even more than higher interest rates, the contraction of money supply has caused last year's asset deflation.

Time To Buy Europe

Headline inflation continues its fast decline and dropped to 8.5% in January, while core inflation remains stubbornly high at 5.2%. Lacking German inputs, these numbers are tricky to interpret, but for the ECB, high core inflation will be enough to hike by another 50bp tomorrow.

Eurozone Inflation Looks Encouraging, But Be Careful Interpreting The Data

In 2023, many EU sectors will see diminishing growth due to a weak economy. Manufacturing, staffing, and construction are likely to face a small decline though not all sectors will shrink.

Many European Sectors Will Suffer From A Weak Economy In 2023

Despite a huge energy shock in the economy, production has held up well. There are no miracles here, though.

Eurozone Industry Holds Up Better Than Expected In The Pandemic Aftermath

When the ECB meets next week, all eyes and ears will once again be on the communication. A rate hike of 50bp looks like a done deal.

ECB Preview: Still Licensed To Hike

One of the big stories late last fall was the abrupt about-face turn by the Chinese government on its zero-Covid policy. There is a connection of sorts tying together the newfound fondness for Chinese and European assets.

Euroscepticism

This report finds that tight labour markets ahead of a recession cause employment to fall less than normal. So, given that we expect a shallow recession in the eurozone, labour shortages are not going to disappear in all countries and sectors.

Expect The Eurozone Labour Market To Remain Tight Despite Recession

ProShares UltraShort Euro

Invesco CurrencyShares Euro Trust

ProShares Ultra Euro

The European Central Bank's job is not yet finished. Far from it. Our view is that the ECB will phase out reinvestments of its Asset Purchase Programme portfolio throughout 2023 by gradually removing the reinvestment cap.

The ECB's Unfinished Business To Weigh On Markets

Slow out the gates, but the ECB is now hiking at a record pace. Are higher rates already having an impact?

ECB Monetary Transmission: One Size Currently Fits All

The imminent recessions we expect in the eurozone and European Union are forecast to be relatively short and sharp. Recessions in the eurozone industrial sector tend to be more frequent, and larger, than real GDP recessions.

Recessions In Europe: How Deep And How Long?

Quantitative tightening will come into sharper relief towards the end of the year. On the dovish side, the ECB noted that substantial progress in withdrawing monetary policy accommodation has now been made.

ECB Promises More Rate Hikes, But The Language Softens

Germany reported the steepest economic contraction while growth in France merely stalled. Excluding pandemic lockdown months, the latest reading was the lowest since April 2013.

Germany Leads Steepening Eurozone Downturn In October

The final estimate of eurozone inflation has been adjusted down from 10% to 9.9%. When looking at the details, there's little to be optimistic about.

The Eurozone Flirts With Double-Digit Inflation

News for First Trust Europe AlphaDEX Fund ETF (FEP)