OEUR ETF

European central bankers are preparing for possible rate cuts this summer, as new signals suggest inflation concerns have lessened in the region, according to The New York Times.

European equities are performing this year, and that includes both Eurozone and non-Eurozone markets. In fact, the MSCI Eurozone Index is trailing the S&P 500 by just 130 basis points year-to-date.

Fund managers are finding opportunities in European stocks, particularly after sloughing off the effects of the Credit Suisse bank rescue. In times of persistent inflation, European equities can also provide a source of alternative income via dividends.

Dividends were hot to end last year and enter into 2023. While the year did start with a notable mini-rally, current income is still worth adding to a portfolio to mitigate volatility.