iShares MSCI Spain Capped ETF
NYSEARCA: EWP
$27.45
-$0.13 (-0.5%)
Closing price June 9, 2023
With the Brexit Vote only adding that much more uncertainty, the reality is setting in that this could spell long-term trouble for the European Union. Britain never did share its currency, but they...
6 years ago
Last Updated: 3 years ago
Greece is back as a financial market again. Well, sort of. The nation finally allowed its stock market to open back up after an unheard of five-week trading halt.
7 years ago
Last Updated: 7 years ago
Source: ThinkstockIt seems almost too hard to believe, but we have seen two of the PIIGS upgraded by different credit ratings agencies this Friday. Fitch ratings has raised Greece’s sovereign...
9 years ago
Last Updated: 9 years ago
Source: ThinkstockWhat happens when you put a vote out to the people about whether or not their benefits and public spending should be cut to appeal to international creditors? If you believe in...
10 years ago
The Spanish bank stress tests are out and the initial verdict is that the shortfall was just not as bad as expected. In order to encompass about 90% of Spain’s banking system assets, the stress...
10 years ago
Last Updated: 3 years ago
Spain is starting to look more and more like Greece with protesters clashing with police in the capital. The difference is that Spain is a much more important economy to Europe and to the rest of the...
10 years ago
Last Updated: 3 years ago
Spain is again taking the center stage, even after Greece’s Prime Minister Samaras was meeting with Angela Merkel of Germany. And now we have seen headlines on the broad tape that Spain is not...
10 years ago
Last Updated: 3 years ago
Most, or much, of the world hates short sellers. Betting against markets is just unfair, or so goes the logic. There is just one small problem: a market without short sellers is not an efficient...
10 years ago
Last Updated: 3 years ago
European leaders are taking the aid directly to the banks to stave off any added crisis. The futures in the U.S. are soaring and the markets in Europe are up big. This will sound a bit like the...
10 years ago
Last Updated: 3 years ago
A 2014 bond auction in France went off at 0.54% this Thursday, while the same maturity in 2014 went for a yield of 4.70% in Spain. The fear is that long-term borrowing rates will breach that 7%...
10 years ago
Last Updated: 3 years ago
The Greek elections went the way that the market participants were initially hoping for, but now the reality is setting in that Greece may ultimately not be able to stay in the Euro due to its...
10 years ago
Last Updated: 3 years ago
Trusting anything out of Greece or any of the PIIGS nations is a bit difficult these days. With the weekend coming upon us, Greece is set to be the center of the world yet again as the future of...
10 years ago
Last Updated: 3 years ago
Egan-Jones Ratings is just the latest ratings agency to hit the PIIGS today. The ratings agency lowered the Kingdom of Spain’s ratings down to “CCC+” from “B.” What is perhaps more...
10 years ago
Last Updated: 3 years ago
Fitch Ratings has had many reports today, but perhaps the largest call is a downgrade of Spain to “BBB” that has added some pressure to the Euro. Today’s downgrade took Spain’s Long-term...
11 years ago
Last Updated: 3 years ago
Reports of what appears to be am effective government takeover of Bankia in Spain, ongoing debt and capital concerns of the banks, and borrowing costs approaching 7% are all culminating with the...
11 years ago
Last Updated: 3 years ago