iShares MSCI Europe Financials Sector ETF News

The CPI for services spiked by 5.6% in July, compared to a year ago, up from 5.4% in June and 5.0% in May, another record in the data going back to 1997, according to Eurostat today. “Core” CPI (w

EUFN's returns over the long term have been underwhelming, but there appears to be a recent shift. European banks are expected to benefit from favorable net interest income trends, low credit costs, a

Launched on 01/20/2010, the iShares MSCI Europe Financials ETF (EUFN) is a passively managed exchange traded fund designed to provide a broad exposure to the Financials - Broad segment of the equity m

Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l

Europe financial stocks including HSBC Holdings, Deutsche Bank and Barclays came up with upbeat earnings this reporting season.

One month ago, Silicon Valley Bank failed, with a resulting decline across the diversified banking industry. Some investors may be tempted to buy the dip, while others are considering doubling down on

Peaks in systemic stress generally result in recession and lower inflation down the line. So, the ECB's work will be done if financial conditions continue to tighten and economic activity contracts.

Sector ETF report for EUFN

The central bank is trying to balance concerns about financial stability and inflation.

Jeff Kleintop, chief global investment strategist at Charles Schwab, and David Katz, CIO at Matrix Asset Advisors, join 'The Exchange' to discuss finding quality stocks, Europe's bank sell-off and the

Despite outperforming US banks by 2.5x over the last three months, European financials trade at a significant discount on a P/BV basis. The rate environment bodes well for the NII trajectory but risks

Sector ETF report for EUFN

European financials should benefit from ECB rate normalization. EUFN weighted EPS could grow 20% in 2023.

Sector ETF report for EUFN

With closer proximity to the energy crisis, rising rates in Europe may do little for inflation with more of it being supply side. Indeed, the ECB has been slower with rate increases compared to the US