MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

IBD: Why This Europe ETF Is Beating Rivals By A Mile As U.K. Cuts Rates

TedTed
in The Bullpen
FYI: Major index-tracking ETFs crawled higher Thursday, as investors eyed choppy oil prices, a heavy slate of earnings and major overseas news.
European exchange traded funds scored mild gains after the Bank of England (BOE) announced its first interest rate cut in seven years. The bank halved a key interest rate to 0.25%, announced it would expand a bond buying program, and dialed down forecasts for growth in the U.K. economy this year and next.
Regards,
Ted
http://www.investors.com/etfs-and-funds/etfs/major-etfs-inch-up-these-etfs-could-benefit-most-from-u-k-rate-cut/
Sign In or Register to comment.