Banks Drag Europe ETFs Down on Turkey Uncertainty

MarketsETF Trends

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European stocks and region-related exchange traded funds continued to weaken Friday, with bank dragging down the market, as traders worried about the potential ripple effect of Turkish lira meltdown. The iShares MSCI Europe Financials ETF (NYSEArca: EUFN), which provides a targeted play on European financial companies, decreased 3.0% and broke below its short-term support at [...]

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