A record-breaking run in European shares has made them more vulnerable to possible pull-backs in the latter part of 2024, although the region s recovering economy and the start of a rate-cut.
The region-wide index, home to popular large-cap stocks such as drugmaker Novo Nordisk and tech group ASML is set to rise again in 2025, reaching 537 by end-June and a lifetime high of 556 by year-end. "European equities have had a strong first half of the year and it is possible they hit pause over the summer months," said Moz Afzal, Global CIO of EFG Asset Management in London. In the upbeat camp is Barclays strategist Emmanuel Cau who remains "tactically" overweight on Europe.
European Shares to Hit Pause Before Rising Again in 2025: Reuters Poll usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Good morning and welcome to your Morning Briefing for Wednesday 23 August 2023. To get this in your inbox every morning click here. More advice consolidation The consolidation train continues as Loyal North announces the acquisition of financial advice firm Paul Wallis Financial Solutions, bolstering the company’s
Join host Kim Dondo as she dives into market trends and insights with special guest Michael Field, European Equity Strategist at Morningstar. In this episode, they cover various topics that shed light on the current market scenario and provide valuable guidance for investors and financial