Reported about 13 hours ago
After years of cautious predictions, market strategists are finally optimistic about European stocks, raising their targets for the Stoxx Europe 600 Index by over 6% following strong economic indicators and a shift in fiscal policy. About half of the strategists surveyed have adjusted their forecasts upwards, driven by expectations of further interest rate cuts and the potential end of the war in Ukraine. Despite some analysts maintaining a bearish outlook, overall sentiment has shifted positively, leading to increased investment in European equities.
Source: YAHOO