NYSEARCA:EWL

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At Close: Jul 31, 2026
Switzerland refuted U.S. allegations over forced labor after the Trump administration imposed a new 12.5% tariff on imports of Swiss goods.
Sam Vadas breaks down the ECB's decision to hold interest rates steady and what it signals for the region's economic outlook. Marley Kayden also covers the latest move in energy markets as oil prices

ECB Keeps Interest Rates Unchanged

08:39am, Thursday, 23'rd Jul 2026
The European Central Bank kept borrowing costs unchanged, with the deposit rate remaining at 2.25%. This buys the central bank time to wait for data to judge whether price pressures caused by the Ir
The European Central Bank kept borrowing costs on hold on Thursday but left room ​for more tightening in the coming months as ‌a widening conflict in the Middle East pushed up energy prices again.
The latest flare-up in fighting probably won't force the European Central Bank's hand on Thursday, even as energy costs creep higher.
Analysts at ING said a surprise hike at Thursday's meeting “should not be fully ruled out.”
The ECB hiked its key deposit rate by 25 basis points in June as energy prices spiked. Investors had written off a hike at next week's meeting, but higher oil prices have brought monetary policy back
MFE-MediaForEurope plans to launch a single streaming platform across its European markets ‌by combining technologies developed by its Italian and German businesses as the broadcaster steps up effor
The DAX is singled out as the market most likely to see squeeze-driven gains in the weeks ahead Citi has warned that European stock markets face a growing risk of short squeezes, as investors caught b
Europe's major stock markets ended higher on Friday, with the pan-European STOXX 600 and Germany's DAX reaching fresh record highs as investors welcomed easing expectations for near-term US interest r
Donald Trump posts ‘Let the oil flow' as US-Iran peace deal sparks immediate drop for Brent crude
The Swiss National Bank will keep its key policy rate at 0% on June 18 and for the rest of the year, according to all ​the economists who responded to a Reuters poll, as a stronger franc partly offs
Swiss voters rejected a proposal to cap the country's population at 10 million people as economic risks overcame elevated concerns about immigration. A 55% majority accepted warnings from companies 
Left behind in the AI trade, European markets deserve a fresh look.
For decades, economic growth in Basel has outpaced that of Switzerland as its globe-straddling pharmaceutical and biotech industries have ​turned the city on the border with Germany and France into
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