Global Market European Blue Chip Earnings Outlook Improves As Recovery Broadens
E
Economic TimesVerified Publisher
European blue-chip earnings expectations improved for a ninth consecutive week, with profit growth forecasts for STOXX 600 companies rising to 24.1%. While energy remains the biggest contributor, stronger results from industrial and materials companies suggest European blue-chip earnings expectations improved for a ninth consecutive week, with profit growth forecasts for STOXX 600 companies rising to 24.1%. While energy remains the biggest contributor,...
European blue-chip earnings expectations improved for a ninth consecutive week, with profit growth forecasts for STOXX 600 companies rising to 24.1%. While energy remains the biggest contributor, stronger results from industrial and materials companies suggest the recovery is broadening. However, higher bond yields, inflation and geopolitical risks continue to weigh on markets.
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