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Barclays: European stock markets have priced in a Trump victory

2024-10-24 14:55:23
Collection

ChainCatcher news, according to Jin10, Barclays Bank stated that the European stock market has already reflected the possibility of Trump's victory.

The company noted that since early spring this year, a basket of European exporters (i.e., those most vulnerable to tariffs) has underperformed the benchmark Stoxx Europe 600 index by 15%.

Barclays Bank indicated that this reflects investors preparing in advance for the tariff policies proposed by Trump, which have been a core part of his presidential campaign, with investors anticipating his victory.

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