Euro area: Worst over, slow recovery ahead
Euro area business climate indicators are gradually picking up, providing a positive backdrop for European markets.
Tuesday 09 April 2024
European and Japanese stock markets are expected to outperform due to undervalued stocks and strong domestic demand. Tensions in the Middle East will drive up oil prices. The Nasdaq is expected to weaken in 2024, but other regions will gain momentum.
Euro area business climate indicators are gradually picking up, providing a positive backdrop for European markets.
A new decumulation strategy, the “Success Rate Optimiser”, sets out income needs in advance and uses a dynamic asset allocation approach.
With 2024 global GDP growth forecast similar to the numbers of 2023, the IMF is no longer expecting a slowdown.