Skip to main content

Eurozone GDP Turns Positive: Time To Buy?

By: ETFdb
Over the past few years, the world economy has undeniably struggled against significant headwinds after the unprecedented financial crisis rocked the markets in 2008. But while the U.S. has seemingly stayed on track to economic recovery, the eurozone has struggled to overcome its debt burdens. Until recently, most investors have remained understandably bearish on the currency block, but recent data has shown some glimmers of hope in the eurozone’s ability to bounce back [see Single Country ETFs: Everything Investors Need To Know]. Last week, the eurozone’s seemingly never-ending recession was brought to close after Eurostat reported that the economy grew at an annualized 1.1% rate in the second quarter – the first positive reading after 18 months of contraction. Despite the positive data, investors are still quite leery of whether or not the currency block will be able to fix its currency flaws and overwhelming debt burdens. Eurozone GDP Turns Positive [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Plays For The End Of Europe’s Recession Europe ETFs: All Over The Board ETFs To Play Euro 2012 World Cup Of ETFs: Plays On All 32 Countries European Country ETFs: All Over The Board
Over the past few years, the world economy has undeniably struggled against significant headwinds after the unprecedented financial crisis rocked the markets in 2008. But while the U.S. has seemingly stayed on track to economic recovery, the eurozone has struggled to overcome its debt burdens. Until recently, most investors have remained understandably bearish on the currency block, but recent data has shown some glimmers of hope in the eurozone’s ability to bounce back [see Single Country ETFs: Everything Investors Need To Know]. Last week, the eurozone’s seemingly never-ending recession was brought to close after Eurostat reported that the economy grew at an annualized 1.1% rate in the second quarter – the first positive reading after 18 months of contraction. Despite the positive data, investors are still quite leery of whether or not the currency block will be able to fix its currency flaws and overwhelming debt burdens. Eurozone GDP Turns Positive [...]

Click here to read the original article on ETFdb.com.

Related Posts:

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.