August was a dismal month for stocks the world over and that certainly includes European equities. Sliding commodities prices, a suddenly buoyant euro and a spate of China-related woes were among the issues that dragged the Stoxx Europe 600 Index to an August performance that was its worst monthly showing in four years.
And for bad measure, the Stoxx Europe 600 Index slid another 2.7 percent Tuesday. Predictably, Europe exchange traded funds trading in New York are responding in kind. Over the past month, the Vanguard FTSE Europe ETF (NYSE: VGK) and the iShares Europe ETF (NYSE: IEV) have both posted losses in excess of 9 percent.
Tumbling European stocks and ETFs have not been enough to motivate investors to rush to the ProShares ...
/www.benzinga.com/trading-ideas/long-ideas/15/09/5807629/bearish-europe-etf-shines-but-wheres-the-love alt=Bearish Europe ETF Shines, But Where's The Love?>Full story available on Benzinga.com
More...