VGK Stock Recent News

I maintain a buy rating on the Vanguard FTSE Europe ETF (VGK) due to its modest valuation, rising earnings estimates, and solid chart performance. Despite macroeconomic concerns, global EPS forecasts, including those for EAFE and Europe, are on the rise, lowering the P/E ratio for ex-US equities. VGK's diversified portfolio, high yield, and favorable sector allocation make it appealing for both near-term traders and long-term value investors.

Europe has underperformed US markets since 2008, second only to Emerging Markets. Vanguard FTSE Europe ETF offers low-cost exposure to European equities, tracking the FTSE Developed Europe All Cap Index. VGK is diverse by country and holdings, with sector composition dominated by Industrials, Financials, and Health Care. No clear advantage over iShares Core MSCI Europe ETF (IEUR).

The European economy is performing better than many forecasters initially expected. From a macroeconomic perspective, while challenges remain, financial stability depends on the ability to absorb shocks.

By now, we have all heard that Europe had a fairly decisive turn rightward over the weekend in parliamentary elections. France is calling for snap elections.

Capitalize on Euro ETFs as the ECB goes ahead with a rate cut to bring down the interest rates from the all-time high of 4%.

On Thursday, the European Central Bank (ECB) delivered a 25 basis point policy rate cut. By contrast, the Federal Reserve (Fed) is set to keep rates on hold at its meeting this month.

As widely expected, the European Central Bank (ECB) cut its key policy rates for the first time in five years. The interest rate on the main refinancing operations, the marginal lending facility, and the deposit facility were each lowered by 25 basis points to 4.25%, 4.5%, and 3.75%, respectively.

Vanguard Europe ETF offers cost-efficient exposure to a diversified but stable pool of 1300 European securities. The growth prospects of Europe look unappealing, and prospective rate cuts are expected to reflect poorly on NII growth for European banks with a flattish outlook for FY24. VGK's valuation is compelling, but investors should consider the region's sub-par earnings growth.

SPDR® EURO STOXX 50 ETF has delivered acceptable returns of around 16% over the past year but has still lagged the S&P 500 Index.

European stocks eyed fresh record highs on Friday as sentiment was lifted by upbeat U.K. retail sales data and strong results from a raft of top companies.