(Bloomberg) — The perils of trade and geopolitics will only slow the rally in European stocks rather than derail it, according to Wall Street strategists. Most Read from Bloomberg The Stoxx Europe 600 Index (^STOXX) is expected to end the year around 557 points, according to the average of 19 strategists polled by Bloomberg. That…
“I think we are seeing a return of risk appetite back into European equities that’s over that kind of medium-to-long-term,” Jupiter Asset Management Equities Head Kiran Nandra tells Bloomberg Television. She also comments on the oil market in the current geopolitical climate, as tensions between Iran and Israel continue. “We’d be looking at companies which…
(Bloomberg) — Short-sellers are capitulating as the S&P 500 Index (^GSPC) keeps hitting record highs and is set for its best year since 2021, while positioning on European stocks remains bearish, further widening the gap between the two markets, according to Citigroup Inc. strategists. Most Read from Bloomberg Investor positioning in S&P 500 futures is…