Denmark ETF: Central Bank Loves Rate Cuts | Page 2 of 2 | ETF Trends

Norway central bank has already enacted a buying plan to help offset the falling prices of its oil exports. The Norges Bank stated that it would sell foreign exchange equivalent to 700 million kroner a day, or $89.8 million in February, the Wall Street Journal reports.

Nevertheless, the Nordic markets have kept pace with Eurozone pressures as central banks react to the ECB. For instance, the Global X FTSE Nordic Region ETF (NYSEArca: GXF), which includes Sweden 50%, Denmark 24.3%, Finland 14.1% and Norway 10.9%, has increased 2.7% year-to-date while the iShares MSCI EMU ETF (NYSEArca: EZU), which tracks the European Monetary Union, rose 2.8%. [2015 Could Be a Good Year for Europe ETFs]

iShares MSCI Denmark Capped ETF

For more information on Denmark, visit our Denmark category.

Max Chen contributed to this article.