First Trust STOXX European Select Dividend Income Fund

FDD

Börsenwert 891 Mio. $

European economies must grow faster or borrow less to keep debt on a sustainable path, the International Monetary Fund said on Friday, warning that doing nothing was not an option.

The European Central Bank is likely to raise interest rates ​by 25 basis points at least ‌one more time this year to fight high inflation, the International Monetary Fund said ​on Friday in its regular ​forecast report for Europe.

Trade in the eurozone swung to a deficit in August as higher energy imports and weaker machinery and vehicle trade weighed on the balance.

The fall in activity compounds a tough few months for the industrial sector in the region.

MILAN, Oct 14 (Reuters) - The latest rise in oil and gas prices has renewed concerns about Europe's reliance on imported fuel and its potential impact on companies as winter approaches.

European natural-gas prices climbed to their highest level in nearly four years as escalating attacks in the Middle East threatened supplies and unusually low storage levels raised fears of a global scramble for LNG.

Europe's equity benchmark rose on Monday, kicking off a busy week on a strong note as a surge in bank shares helped absorb the hit from ​higher oil prices.

The First Trust STOXX European Select Dividend Index Fund ETF (FDD) delivers a high 5.68% yield and strong recent returns but faces notable concentration risks. FDD's heavy exposure to financials (56.5%) and geographic concentration in the UK, France, and the Netherlands heighten vulnerability to regional and sector-specific shocks. France's economic and political instability, including rising rates and uncertain leadership, poses significant risk to FDD's near-term capital appreciation.

What's happening in France is staying in France bond-wise for now. That's a good thing.

European stocks recovered on Friday as oil ‌prices eased on hopes of a pause in the Middle East war, while telecom stocks slid after SpaceX's deal to acquire a ​nationwide spectrum portfolio caused ripples in the sector.