European indices maintain firmer on the open at present
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- Eurostoxx +zero.7%
- Germany DAX +zero.9%
- France CAC 40 +zero.eight%
- UK FTSE +zero.6%
- Spain IBEX +zero.7%
- Italy FTSE MIB +zero.9%
US futures are additionally holding a barely extra optimistic temper for now, persevering with the momentum from final week. So, I assume that is serving to. However from a structural perspective, I might nonetheless argue that the outlook stays difficult for European indices going into subsequent yr. A slowing financial system plus Trump tariffs is a tricky prospect to go up in opposition to. Then once more, it would imply the ECB reducing charges sooner I assume. However post-election, I might’ve figured there can be extra of a rotation play within the equities house. We’ll see.
This text was written by Justin Low at www.ubaidahsan.com.
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