European stocks are expected to open in mixed territory on Friday, with investors awaiting the release of euro zone inflation data.On the data front, investors will closely monitor flash euro zone inflation data for November on Friday. The reading comes ahead of the European Central Bank's last meeting of the year on Dec. 12.
As investors prepare their portfolios for 2025, Wall Street's finest have identified several European companies they believe offer significant growth potential despite market uncertainties. Morgan Stanley downgraded European equities to neutral earlier this year. Yet, they suggest"Europe is a stock picker's market" now since equities on the continent have begun to diverge from each other in terms of performance.
Meanwhile, investment firm Bernstein's top 10 picks outperformed the MSCI Europe Small index by 5 percentage points since the end of October.As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to"tariff-hedge" their portfolios.
In a note this week, Davide Oneglia, director of European and global macro at TS Lombard, advised European investors to address their"tariff risk" by looking at their exposure"in the way Donald Trump ... does, i.e. in terms of the USD value of the U.S. deficit/surplus in goods by country and sector."Market participants will closely monitor flash euro zone inflation data for November, as well as preliminary inflation readings for France and Italy.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: nbcsandiego - 🏆 524. / 51 Read more »
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »