Seeking Alpha

Seeking Alpha Portfolio App for iPad

361 people get EWI articles and Market Currents by email alert.

Get email alerts on EWI »

EWI

iShares MSCI Italy Capped Index ETF

5/23/2013, 4:57 PM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, May 7, 12:38 PM Buy Italy says Cumberland's Bill Witherell as the far left coming out on top following the split election means government is going to lean more towards growth rather than austerity. Rather than trying to pick individual stocks, he's recommending EWI as a quick way to get exposure to the whole Italian stock market. 2 Comments [Global & FX]
Monday, April 29, 6:13 AM Italian stocks (EWI) rally 1.12% the day after the country's new prime minister was sworn in amid gunfire. The country struggled to install a government and teetered on the verge of political deadlock following fractious elections in February and five inconclusive presidential votes earlier this month. New economic minister Fabrizio Saccomanni has ambitious plans for lowering yields on the country's sovereign debt (ITLY). Comment! [Global & FX]
Sunday, April 28, 3:54 AM Italy has a new government after Prime Minister-designate Enrico Letta of the left-leaning Democratic Party (PD) forged a coalition agreement with Silvio Berlusconi's right-of-center Freedom party (PDL). The uncertainty had roiled markets at various points since elections in February, so it's worth watching EWI, ITLT and ITLY. The government includes Bank of Italy director general Fabrizio Saccomanni, who is close to ECB Governor Mario Draghi. 1 Comment [Global & FX, Top Stories]
Thursday, April 25, 5:46 AM New Italian Prime Minister Enrico Letta, of the center-left Democratic Party, was due to start talks about forming a grand coalition with Silvio Berlusconi's center-right grouping. Letta has already indicated that he may alter the government's eurozone-inspired austerity, saying that it's "no longer enough," although he's expected to maintain good relations with the EU. FTSE MIB +0.05%. Comment! [Global & FX, Top Stories]
Wednesday, April 24, 8:04 AM Enrico Letta - deputy in the center-left Democratic Party - has been named Prime Minister of Italy after a 2-month political vacuum following elections. Just 46 years old, Letta would be one of Europe's youngest leaders and might signal a (needed?) generational change in Italy's politics. Letta must now name his minsters then pass a weekend confidence vote in parliament. Off 0.7%, Italy (EWI) is the only European market in the red today. Comment! [Global & FX]
Monday, April 22, 5:21 AM Milan shares are +2.2% and 10-year bond yields are -9 bps at 4.13% after Italian parliamentarians voted to re-elect 87-year-old Giorgio Napolitano as President. Speculation exists that Napolitano only agreed to take on the role again on the condition that a coalition government will at last be formed. However, a new election can't be ruled out following the resignation of the leader of the center-left Democratic Party after its candidates for president were rejected. 1 Comment [Global & FX, Top Stories, On the Move]
Thursday, April 18, 8:01 AM Italian shares and the euro give up some of their session gains on news Italy's parliament has failed to elect a president on the first ballot. Up 0.9% at the moment, the MIB had been up nearly 1.5%. EWI +1.1% premarket. Buying $1.3045, the euro (FXE) +0.1%. Comment! [Global & FX, Breaking News]
Wednesday, April 10, 10:39 AM What austerity? Italy says its debt to GDP ratio will hit a record 130.4% this year and at 129% will be nearly 6 percent higher in 2014 than previously forecast. The debt hikes partly reflect a €40 payment to the country's private sector aimed at partially settling a near €100B outstanding balance owed to private companies by the government. 3 Comments [Global & FX]
Friday, April 5, 4:56 PM Bridgewater is concerned about Italy. In a letter titled "Could Italy Blow Up The Euro?," the world's largest hedge fund notes that "economic conditions in Italy are as depressed as they've been since the end of WWII," a situation which has invariably led to a "pretty chaotic" political situation. Perhaps most importantly, Italian bank CDS spreads are rising, bad news since "the sovereign is pretty reliant on those banks to buy [government] bonds." Remember: Draghi has "no plan B." 1 Comment [Global & FX]
Wednesday, April 3, 11:37 AM Surprising approximately no one, Cyprus intends to extend capital controls - imposed last week for one week - another seven days, reports Bloomberg, citing a central bank official. Europe is off sharply today, led by the periphery. Spain (EWP) -2.2%, Italy (EWI) -1.8%. Comment! [Global & FX, Breaking News]
Sunday, March 31, 3:21 AM Mario Monti will continue as Italy's caretaker Prime Minister until a new government is formed, President Giorgio Napolitano said yesterday. Napolitano will also appoint two committees that will formulate plans for institutional, social and economic reforms that would receive backing from all sides in parliament. Napolitano won't resign ahead of the end of his term in May even though this would facilitate the calling of new elections. 1 Comment [Global & FX, Top Stories]
Friday, March 29, 7:02 AM Pier Luigi Bersani, the head of Italy's center-left Democratic Party, has handed the intractable problem of forming a government back to President Giorgio Napolitano, whose options seem fairly limited. Napolitano could try to cajole a coalition into being or appoint another technocrat government, although his chances of success appear to be slim. The uncertainty has helped unnerve markets this week. 1 Comment [Global & FX, Top Stories]
Wednesday, March 27, 7:24 AM Troubling to European shares (which had been higher in early trade) is Italy Democratic Party chief Pier Luigi Bersani saying he will not try to form a coalition government, and labeling as "insane" anyone who would try to govern in the current environment. Stoxx 50 (FEZ) -1.4%, with Italy (EWI) and Spain (EWP) both down a similar amount. S&P futures (SPY) -0.4%. 10 Comments [Global & FX]
Tuesday, March 26, 12:18 PM "Slovenia next," said Tyler Cowen yesterday. As eurocrats come forward to declare than deny Cyprus' bail-in of depositors is the new EU rescue template, traders unload Slovenian paper, with the country's bond due in 2024 climbing 36 bps in yield to 6.26%. Near the close, Europe's about flat, but the periphery sinks: Spain (EWP) -1.7%, Italy (EWI) -1%. 7 Comments [Global & FX]
Monday, March 25, 11:07 AM The Italy (EWI -3.7%) and Spain (EWP -3.1%) ETFs lead a now-tumbling Europe (FEZ -1.8%) as - maybe we're being too simplistic here - Eurogroup President Dijsselbloem has more or less told anybody with greater than €100K in deposits at what could be a troubled bank they need to think about getting their money out. Italy's Unicredit and Intesa Sanpaolo are halted down more than 5%. EUFN -2.4%. 33 Comments [Global & FX, Financials, On the Move]
Monday, March 25, 9:01 AM There's significant erosion in the post-Cyprus rally, with Europe 1% or more off the highs, the Stoxx 50 (FEZ) +0.6%. Italy (EWI) is well into the red,-1.2%. The euro has dropped 100 pips from its overnight high, now buying $1.2941. FXE -0.4% premarket. S&P 500 futures cut their gains more than 50%, SPY +0.2%. 7 Comments [Global & FX]

1
2
3
4
5
6
...
25
Next Page