Barclays: European stock markets have priced in a Trump victory

2024-10-24 14:55:23

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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