ASML Hld

SAP SE

National Energy Services Reunited

Rogers

Shell PLC

Novan

AstraZeneca

Moelis

Suncor Energy

TotalEnergies SE

Xtrackers MSCI Europe Hedged Equity ETF

DBEU tracks a market-cap-weighted and currency-hedged index of companies in developed Europe.

JPMorgan BetaBuilders Europe ETF

Xtrackers MSCI Eurozone Hedged Equity ETF

WisdomTree Europe SmallCap Dividend Fund

WisdomTree Europe Quality Dividend Growth Fund

ProShares MSCI Europe Dividend Growers ETF

WisdomTree Europe Hedged SmallCap Equity Fund

iShares MSCI Eurozone ETF

First Trust STOXX European Select Dividend Index Fund

First Trust Europe AlphaDEX Fund

First Trust Eurozone AlphaDEX ETF

SPDR EURO STOXX 50 ETF

UBS AG FI Enhanced Europe 50 ETN

Franklin FTSE Europe ETF

Franklin FTSE Europe Hedged ETF

First Trust IPOX Europe Equity Opportunities ETF

Goldman Sachs ActiveBeta Europe Equity ETF

WisdomTree Europe Hedged Equity Fund

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

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

iShares MSCI EAFE ETF

Investors of foreign securities are also investing in a foreign currency as well. And with global markets being volatile and currencies likely to fluctuate substantially, it would be wise to engage in a hedge for currency —provided the investor doesn't have a strong view of the U.S. dollar.

To Hedge or Not to Hedge: DBEU vs. EFA

The likelihood of Europe entering a recession is growing. While the length and scale of such a downturn is uncertain, investors may still want to keep an eye on the region, since it could be a better investment opportunity than other developed market equities.

Buy Into Europe Before the Recovery With DBEU & DBEZ

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

Global X DAX Germany ETF

Xtrackers MSCI Germany Hedged Equity ETF

WisdomTree Germany Hedged Equity Fund

iShares MSCI Germany ETF

iShares MSCI Germany Small Cap ETF

First Trust Germany AlphaDEX Fund

Franklin FTSE Germany ETF

iShares Currency Hedged MSCI Germany ETF

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

Looking at all the evidence available so far, it looks like the eurozone fell into a shallow recession in the third quarter. For the European Central Bank, this is unlikely to be enough to prompt an immediate dovish pivot given its determination to hike interest rates in the face of double-digit inflation.

Eurozone: The Evidence Of A Downturn

iShares MSCI United Kingdom ETF

iShares MSCI United Kingdom Small Cap ETF

First Trust United Kingdom AlphaDEX Fund

Franklin FTSE United Kingdom ETF

iShares Currency Hedged MSCI United Kingdom ETF

Bond markets appear to be disciplining policy inconsistencies, both within sovereigns and among them. Policymaking can be inconsistent in two ways: within a sovereign, between the fiscal and monetary authorities, and among sovereigns.

Schooling The Sovereigns

iShares MSCI Europe Financials ETF

The minutes of the ECB's September meeting delivered a couple of interesting insights. Though quantitative tightening currently looks unlikely, it will come eventually.

Is Quantitative Tightening Really Coming To The Eurozone?

Xtrackers MSCI EAFE Hedged Equity ETF

WisdomTree Japan Hedged Equity Fund

iShares MSCI Emerging Markets ETF

iShares MSCI Japan ETF

iShares Currency Hedged MSCI EAFE ETF

iShares Currency Hedged MSCI Japan ETF

Performance is outstripping unhedged peers.

Currency-Hedged ETFs Shine on Strong Dollar

The Eurozone economic downturn deepened in September, with business activity contracting for a third consecutive month, according to preliminary survey data.

Eurozone Downturn Deepens In September As Price Pressures Intensify

We think the energy crisis will spur a recession in Europe. The ECB is trying to fight inflation without recognizing the costs.

Energy Shock Spurs Europe's Recession

The S&P Global Eurozone Manufacturing PMI fell to 49.6 in August, down from 49.8 and further beneath the 50.0 mark that separates growth from contraction. Weak demand and efforts to reduce high inventory levels are therefore combining to drive production lower in the months ahead.

Eurozone Manufacturing Downturn Set To Gather Pace As Inventories Accumulate At Record Pace

Unemployment fell from 6.7% to 6.6% in July. Employment expectations from businesses are dropping moderately and the economy is moving towards recession at the moment.

Eurozone Unemployment Dropped To New Low In July

Xtrackers MSCI All World ex US Hedged Equity ETF

Xtrackers MSCI Emerging Markets Hedged Equity ETF

Xtrackers MSCI Japan Hedged Equity ETF

Xtrackers MSCI All World ex US High Dividend Yield Equity ETF

Xt EAFE Div Yld Shs

International currency moves will impact investors' foreign equity allocations, but investors can turn to currency-hedged exchange traded fund strategies to mitigate the foreign exchange risks and provide a purer play on the underlying overseas markets. In the upcoming webcast, A Strategy to Thrive in a Strong U.S.

Currency Hedged ETFs Could Help Better Manage Your International Market Exposure

High inflation and low unemployment will push up wage growth in 2022 and 2023. At the same time, labour productivity growth is expected to come down significantly.

News for Xtrackers MSCI Europe Hedged Equity ETF ETF (DBEU)