Europe Financial ETF Banks on ECB Stimulus
This article was originally published on ETFTrends.com.
European bank stocks and related ETFs jumped Friday after European Central Bank executive board member Benoit Coeure hinted that another round of cheap multi-year loans to banks could be in the works. The iShares MSCI Europe Financials ETF (NYSEArca: EUFN), which provides a targeted play on European financial companies, rose 2.3% Friday. Meanwhile, the broader [...]