Barclays forecasts higher 2024 European equity prices, receding rates pressure, threats
<p>An ICYMI re Barclays calling European equities higher in 2024:</p><ul><li>forecasts STOXX 600 (a Europe benchmark) to end 2024 at 485, that around 6% higher than current levels</li></ul><p>Barclays cite:</p><ul><li>higher rates pressure easing</li><li>hard landing scenario avoided</li></ul><p>Barclays recently said that global equities are set to outperform core fixed-income assets in 2024, also citing their expectations that the threats of a global economic slowdown are receding. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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