Barclays forecasts higher 2024 European equity prices, receding rates pressure, threats

  • Barclays predicts European equity benchmark STOXX 600 to rise by 6% in 2024

An ICYMI re Barclays calling European equities higher in 2024:

  • forecasts STOXX 600 (a Europe benchmark) to end 2024 at 485, that around 6% higher than current levels

Barclays cite:

  • higher rates pressure easing
  • hard landing scenario avoided

Barclays recently said that global equities are set to outperform core fixed-income assets in 2024, also citing their expectations that the threats of a global economic slowdown are receding.

stoxx weekly candles 21 November 2023

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