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The EU is set to propose a 21st package of sanctions against Russia for its war in Ukraine on Wednesday targeting the country's bank and crypto networks to increase the chances of a banking crisis and Moscow's appetite to negotiate a peace deal, an EU diplomatic source said.
European shares moved higher on Friday as investors responded positively to signs of progress in peace talks between the United States and Iran, despite both sides continuing to disagree on several major issues. The pan-European STOXX 600 index rose 0.5% to 623.79 points by 0703 GMT and was on track to close the week with gains.
Contrary to what some Trump officials believe, Europe remains critical to our defense and, indeed, to securing the Free World. Therefore, the sudden, unexpected cancellation of a U.S. Army armor brigade's deployment in Poland raises a deeply disturbing question: Is Washington retreating from Europe?
Markets are torn. Will the ECB hike this week or not?
I discuss potential investment opportunities in Short ETFs, particularly betting against the euro currency. The euro is likely to see a severe downturn in the near future. The ProShares UltraShort Euro ETF is highlighted as a potentially profitable investment if timed correctly.
Marc Chandler and James Foord discuss international markets, economies and currencies. Has the Fed conquered inflation?
The European Central Bank's job is not yet finished. Far from it. Our view is that the ECB will phase out reinvestments of its Asset Purchase Programme portfolio throughout 2023 by gradually removing the reinvestment cap.
EUO gives investors -2x the daily price returns of the Euro vs. the USD. The Euro had been one of the weaker major currency in 2022 due to a weak economy.
SEC filings for EUO aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.