Maybe not.

markets

U.S. Traders Bet Most in Two Years That Europe Has Bottomed Out

By

Claire Ballentine

29 November 2019, 6:40 pm AEST

• ETFs tracking region’s markets see $1.5 billion of inflows
• Local economy is set for a turnaround as data improve

SHARE THIS ARTICLE

Share

Tweet

Post

Email

In this article

BMO

BANK OF MONTREAL

102.29

CAD

+0.17+0.17%

The worst is over for the European economy, according to buyers of exchange-traded funds.

Investors have poured $1.5 billion into U.S. ETFs focused on European assets in November, data compiled by Bloomberg show. That influx puts the funds on track to take in the most cash in almost two years.