Weekly Report: what happened at EUFN last week (0415-0419)?

Should You Invest in the iShares MSCI Europe Financials ETF (EUFN)?

Spain records trade deficit of €2.4B in February

Weekly Report: what happened at EUFN last week (0408-0412)?

Spain's inflation rate rises to 3.2% in March

Spain's inflation rate rises to 3.2% in March 2024 from 2.80% in February 2024. Consumer Price Index in Spain increased 0.80%. In March 2024, the inflation rate was 3.20% over the previous month. The inflation rate is expected to rise to 4.1% in 2024.

A 'few' ECB policymakers were ready to cut rates at this meeting, Lagarde says

A 'few' ECB policymakers were ready to cut rates at this meeting, Lagarde says. For a fifth straight meeting, the ECB kept the central bank's key interest rates unchanged. The euro edged down 0.1% against the U.S. Dollar after the meeting.

Are The Stars Finally Aligned For U.S. Financial Stocks?

After a series of banking failures in early 2023, financial stocks are showing signs of life again. Financial stocks rallied in the last five months, signaling growing investor confidence that a wider systemic meltdown has been averted. First-quarter trends suggest that market returns may be poised to broaden - good news for financials.

Weekly Report: what happened at EUFN last week (0401-0405)?

Spain's services PMI rises in March

Spain's services PMI in Spain increased to 56.10 points in March from 54.70 points in February of 2024. Seven successive monthly increase in business activity. Employment growth also accelerates; higher salary expenses push up operating costs in March. Spain's manufacturing PMI mostly flat in March of 2424.

Spain's manufacturing PMI mostly flat in March

Manufacturing PMI in Spain decreased to 51.40 points in March from 51.50 points in February of 2024, a 20-month high. Spain's manufacturing PMI mostly flat in March. Output rises at stronger pace despite weaker increase in new orders; employment up to steeper degree.

Weekly Report: what happened at EUFN last week (0325-0329)?

Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull: Corporate Profits By Major Industry

Home Market Outlook Economy Analysis Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull. Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The spike in profitability in inflationary times is a sign that companies hiked prices much faster than their costs.

Spain's inflation rate rises to 3.2% y/y in March

Spain's GDP expands 2% in Q4 over previous year

Spain's GDP expands 2% in Q4 over previous year. GDP expanded 0.60% in q4 2023 over the previous quarter. The Gross Domestic Product in Spain expanded 2% over the same quarter of the previous year . EWP, EUFN

Weekly Report: what happened at EUFN last week (0318-0322)?

Spain producer prices decreased 8.20% in February

Weekly Report: what happened at EUFN last week (0311-0315)?

ECB Governing Council member Stournaras pushes for two rate cuts before August

ECB Governing Council member Stournaras pushes for two rate cuts before August. Europe's central bank kept its key policy rates unchanged last week. The ECB shouldn't wait until the U.S.'s Federal Reserve cuts rates, says a member of the ECB's monetary policy arm.

Spain's inflation drops to 2.9% in February

Could ECB Rate Cuts Beat The Fed To The Punch?