Bringing you live news and features since 2006 

Euros

Watch out for a bounce in the euro

RELATED TOPICS​

Following recent dips in the Euro, Jeff Keen, fund manager at Waverton Investment Management, offers his view on why it will rebound…

There is a consensus in the market that we are heading for parity between the Euro and the US Dollar. Having run a successful short Euro position in our Global Bond Fund for the past year, we are now starting to reduce the size of the position, taking into account the following positives:

• The ECB has announced a Fed-like open ended QE programme
​• The Euro has fallen sharply over the last 6 months – big help to exporters
• Europe is a big oil importer so even with the weak Euro, energy costs will fall
• Companies have incredibly low financing rates and bank lending is starting to pick up
• The periphery economies are recovering (even Greece)

If the negotiations with the new Greek Government progress quickly to a reasonable compromise we think investors will start to feel less negative about Europe in general and the Euro could have a bounce.
 

Latest News

BlackRock s iShares an undisputed leader among European ETF issuers pushed further ahead in Q1 with EUR173 billion in trades..
European ETFs raised USD47 8 billion in Q1 a 15 per cent increase compared to the same period in 2023..
LSEG Lipper s March report finds that globally equity ETFs +EUR113 2 billion enjoyed the highest estimated net inflows for..
Morningstar has published a review of the European ETF market for the first quarter 2024 which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs share of the US ETF market rose to 8 5 per cent at...
Kristen Mierzwa, FTSE Russell
Index Investments Group IIG a division within index provider FTSE Russell has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023 with an introductory suite of 11 ETFs seven thematic and four fundamental...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by