Flirting with record highs: European stocks back to normal in 2021 - Reuters/Ipsos poll

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Optimism around vaccine developments and expectations of a strong bounce in corporate confidence and profitability will push European stocks to near record highs next year, as policymakers look set to keep stimulus flowing.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 20, 2020. REUTERS/Staff

Promising results from three major pharmaceutical companies on their vaccine trials encouraged a wave of optimism across global stock markets, with the latest poll signalling a dramatic change in expectation for the STOXX 600. “We expect the pandemic will be suppressed, that the relations between the U.S. and China will ameliorate, boosting global trade and the global economic recovery will continue,” he added, cautioning however that uncertainties remain significant.Analysts said possible risks for European equities could arise from new lockdowns, a failure to reach a Brexit deal and delays in the European Union’s policy response to ease the pandemic’s economic damage.

Since Pfizer’s announcement on Nov. 9, the global economic outlook has continued to improve, with IHS Markit’s euro zone composite PMI future output index jumping to 60.1 in November from 56.5 in October, its highest since February.

 

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Normal for the wealthy maybe .. not anyone else

The financial world in the West is upside down! The Covid plagued western economies are fallen to the sidewalks, but the home furlough day traders are sending the stock indices sky high. This fairy story will end in drowning tears. Get out now while you still can

Ahhh yes “normal”

Hau god l丫(,飛

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 2. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว