FXStreet (Mumbai) – Analysts at Goldman Sachs noted in their latest report that the divergent monetary policy outlooks between Europe and the US will further boost European equities to outperform their US rivals.
Key Quotes:
“We expect the ECB to ease further at the December meeting to counter downside risks to inflation.”
“A weaker euro is likely to serve as a strong catalyst for outperformance of European versus US equities.”
“European equities have pretty consistently outperformed their US counterparts past the first Fed rate hike and the outperformance gets particularly pronounced after 12 month.”
(Market News Provided by FXstreet)