Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 14 January.
Global indices moved higher last week, registering the seventh consecutive week of gains in a rally that began in December. An equivalent pattern of sustained growth has not been seen since the second quarter of 2007. Europe showed particularly strong growth, registering a clear outperformance on the back of diminishing Eurozone concerns. Across the week the Eurostoxx was up 4% while the S&P 500 moved 1.7%. UK debt and emerging markets ETFs contributed the majority of LSPE's creation orders, accounting for over two thirds of primary market volumes. These volumes were slightly down o...
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