The iShares MSCI EMU ETF (NYSEArca: EZU) and the SPDR EURO STOXX 50 (NYSEArca: FEZ), which both focus on Eurozone countries, have also underperformed other broad Europe ETFs that also include exposure to the U.K. and Switzerland. Year-to-date, EZU decreased 4.0% and FEZ fell 3.2%. [Troubling Signs for a Europe ETF]

Meanwhile, Eurostat confirmed that inflation dipped to a four-and-a-half-year low of 0.4% in July, compared to the European Central Bank’s 2% target, which is fueling calls for increased monetary easing and stimulus.

“It’s time the ECB took control and we got the real deal, instead of the weaker measures unveiled in June,” Richard Barwell, European economist at Royal Bank of Scotland, said in the Financial Times article.

Vanguard FTSE Europe ETF

For more information on European economies, visit our Europe category.

 

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