Norway ETFs Could be Next to Benefit From Rate Cuts
July 07, 2014 at 11:00 AM EDT
Last week, Sweden’s central bank, the Riksbank, surprisingly cut interest rates to 0.25% from 0.75%. Most economists were expecting a reduction to 0.5%. The news did not have much of an impact on the iShares MSCI Sweden ETF (NYSEArca: EWD) as the lone Sweden ETF fell half a percent on heavy volume...