Reported 12 months ago
French political uncertainty from the parliamentary elections and EU's trade conflict with China are causing concerns over European corporate earnings despite anticipated better results. Analysts have lowered earnings expectations for French companies and European shares due to doubts about fiscal discipline and potential policy changes. The upcoming earnings season is crucial, with companies like Barry Callebaut, Richemont, and ABB set to release results. Political risks and trade tensions between the EU and China are contributing to the uncertainty, affecting investor confidence in the European market.
Source: YAHOO