On 13 November 2018, the EU and the UK announced a draft agreement of the UK’s withdrawal from EU. While this was initially perceived to be positive, there have been significant UK cabinet resignations which may complicate the outlook.Continue Reading
Europe: Scope for a Rebound
Aside from the 1997 and 2007 crisis years, the past month was the worst October for European equities going back 30 years. Citi sees scope for a rebound in the months ahead.Continue Reading
Further Upside Expected for European Equities
Citi is positive on Europe ex-UK equities as trade tensions between Europe and the US subside.Continue Reading
Could Rising Italian Pressures Spillover to Europe?
While recognizing the medium-term challenges in Italy, at this stage Citi analysts do not expect significant sustained contagious impact on European assets more broadly.Continue Reading
Brexit: Deal or No Deal?
A breakthrough in discussions despite mounting fears of a no-deal outcome.Continue Reading
Europe and EM: Resilience and Vulnerability
Vulnerability depends on many factors, not just on the actual exposure to emerging markets but also on the resilience of the European economy, which Citi believes is relatively strong.Continue Reading