HSBC Private Banking predicts that next year the stock market in Europe will recover due to slower growth in the US economy. This year, about 43 billion dollars were withdrawn from the European market, as investors were wary of risks of a political and economic nature. Their preferences were on the side of the American stock market. Experts at HSBC Private Banking expect a change in this situation, as they predict a slowdown in US economic growth in the first half of 2019. This will attract investors' attention to the European market, which will enable HSBC to raise the rating of European stocks from “below the market” to “neutral”.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...