Europe Financial ETF Banks on ECB Stimulus

MarketsETF Trends

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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 [...]

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