STOXX Research: Comments By Jan-Carl Plagge, Head Of Applied Research, STOXX - Oil & Gas Sector Struggled Over Hurricane Harvey

With ongoing tensions in North Korea, the recent terrorist attacks in Spain, and severe damage caused by hurricane Harvey in the US, August was a turbulent month with overall volatile global markets. Moreover, a strong euro led European shares to reach its lowest in the past half a year. As a reaction to occurrences such as these, investors increasingly bought into safe haven assets such as gold. This in combination with recovering commodity prices led the basic resources sector to flourish in August. 

With the introduction of the EURO STOXX 50 Corporate Bond Index in 2016, STOXX reacted to an increasing interest of fixed-income investors in the liquidity and trading benefits of investing in bond funds rather than in single securities. The methodology used for the bond index’s construction follows a transparent and rules-based process, making it an appropriate underlying for exchange-traded funds and derivatives. By now, STOXX extended the EURO STOXX Corporate Bond family further by issuing sub-indices that represent certain maturity buckets, industry versions and rating classes. 

Learn more about the EURO STOXX Corporate Bond indices as part of a PULSE ONLINE article on the STOXX website or on STOXX's Monthly Index News alongside last month’s sector and country performance analysis.