iShares Europe ETF

European stocks rebounded 3.9% on ceasefire news after dropping 12% earlier in the year, but the author questions whether this recovery is sustainable. Key underlying issues remain unresolved: the Strait of Hormuz is still blocked, Brent crude oil prices remain elevated near $100/barrel (up from $72 in February), and geopolitical tensions persist...

Ukraine's President Zelensky remains focused on security guarantees as the country negotiates a deal with the US over its rare earth minerals. Zelensky is committed to a 'win-win' agreement and has disputed the financial claims made by the Trump administration.

The global ethylene oxide capacity is expected to grow from 42.85 million tonnes per annum (mtpa) in 2023 to 50.47 mtpa in 2028, with most of the additions in Asia. The report provides details on planned and announced capacity additions, capital expenditure, and key companies in the industry.

Europe seems extremely likely to cut rates in June, in my view, as progress on inflation has been significant.

European equities ended Monday broadly positive, while the U.S. market was closed for the Memorial Day holiday. Traders maintained an overall positive risk sentiment on European assets, driven by near-total certainty that the European Central Bank (ECB) will deliver a rate cut at its June meeting. Three key ECB members — chief economist Philip...