European equities to revisit January peak by end of 2018 - Reuters poll

Reuters' latest poll of more than 30 brokers, fund managers, and analysts shows

  • Eurostoxx 50 to rise 6.8% from now to 3,700 by year-end
  • Germany's DAX to rise by more than 7% on the year
  • UK's FTSE to fall by 2.4% on the year
  • France's CAC 40 to rise by 4.1% on the year

The poll shows that shares are seen to bounce back on strong corporate earnings and global growth, while the respondents also said that the same factors that have supported European markets in 2017 will keep doing so even if the market is now more volatile.

The odd ball to the predictions here is the UK stock market, in which the respondents see that lower growth and Brexit will impact the FTSE and cause it to have a negative performance on the year.

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