Goldman Sachs cuts forecast for European inventory indices over the following 12 months
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On the Stoxx 600 index, they now forecast it at 530 over the following 12 months and that’s down from 540 beforehand. As for the UK FTSE, they see it at eight,500 and that’s down from their earlier forecast of eight,800.
With rising dangers of commerce protectionism, that’s posing a key danger to the outlook for European equities going into subsequent yr.
This text was written by Justin Low at www.ubaidahsan.com.
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