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No Surprise: Banks Remain A Problem For The Italy ETF
Wednesday, December 7, 2016 - 8:14am | 485Read More...Between Brexit and the outcome of the recent U.S. presidential election, the global political environment in 2016 has taught investors to expect the unexpected. With that in mind, the outcome of last weekend's referendum in Italy, which resulted in the resignation of Prime Minister Matteo...
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Italy Hoping For Temporary Exemption From EU Bank Rules To Stabilize Financial System
Wednesday, July 6, 2016 - 1:37pm | 317Read More...Italy may be the next epicenter of European economic turmoil. According to Bloomberg’s Melvyn Krauss, the extreme measures that Italy may need to take to right the ship could force its exit from the eurozone. Italy’s non-performing loans currently represent 20 percent of GDP and the...
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Playing With PIIGS...ETFs That Is
Tuesday, September 22, 2015 - 3:36pm | 693Read More...There are still pockets of weakness among the PIIGS (Portugal, Ireland, Italy, Greece and Spain), the countries previously and some still known as Europe's problem children, but investors should not outright shun opportunity with the PIIGS. These Little PIIGS Went To Market Entering Tuesday,...
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Icy Relations Between Athens And EU Show Signs Of Thawing
Tuesday, February 3, 2015 - 11:52am | 497Read More...European markets began the day optimistically as investors maintained focus on the continuing negotiations between Athens and the EU over the nation’s bailout program. The two sides got off to a rocky start after newly elected Prime Minister Alexis Tsipras began his term by reversing some...
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Euro Makes Modest Gains On Weak US Data
Tuesday, October 28, 2014 - 8:44am | 362Read More...The euro made its way above $1.27 on Tuesday as the dollar weakened on disappointing data and the upcoming Federal Reserve policy meeting. The common currency traded at $1.2702 at 7:00 GMT, still weighed down by worries about stability in the region. Reuters reported that U.S. service sector...
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Euro Marginally Higher As Dollar Weakens
Thursday, October 16, 2014 - 7:57am | 373Read More...The euro made its way higher on Thursday due in large part to a weaker dollar. The common currency traded at $1.2788 at 8:00 GMT despite a growing dispute between the EU and France over the nation’s 2015 budget. Weak economic data out of the U.S. helped push the greenback lower, as most...







