Skip to main content
Citi

Citi Wealth Insights

-

Europe: Long-term Focus on Strong Company Balance Sheets

The COVID-19 pandemic is causing a widespread cash flow crisis for European companies and significant downgrades to earnings forecasts is expected. Citi analysts believe that some of the downgrades and equity price falls could be overdone and may create opportunities.
Continue Reading
-

European Assets Fall as Further Government Support Awaited

The Euro STOXX 600 index had its biggest ever one-day fall, down 11.48% on 12 March after the European Central Bank’s (ECB) response to COVID-19’s impact underwhelmed investors.
Continue Reading
-

Brexit – Looking Ahead

After a three-and-a-half year departure process, the UK has officially left the EU after 47 years of membership. Sentiment data has improved potentially leading to an improvement in growth in the first half of the year, but a significant negotiating challenge remains.
Continue Reading
-

Early Christmas Cheer on Trade and Brexit Clarity

Risk assets were fueled by optimistic newsflow on two fronts. One, US President Trump is said to have in-priciple agreed to a phase “one” trade deal in the final stages of discussion between US and China. Two, incumbent PM Boris Johnson won the UK snap election with a stronger-than-expected majority, clearing the path to a long drawn-out Brexit.
Continue Reading
-

A EU – UK Brexit Deal Agreed But It's Not Quite Over Yet

The EU – UK reach a new deal that's supposed to ensure Britain leaves the EU in an orderly way and removes the Irish backstop. But an equally difficult hurdle remains – the UK parliament voting on the deal on October 19th.
Continue Reading
-

Dipping into UK Equities

In recent weeks, Citi analysts have shifted to a slightly more positive stance on UK equities, now favoring accumulating into weakness, particularly in UK exporters and dividend strategies. The change of stance is based on two gradual shifts that have reduced risks, but which UK equities have not yet fully discounted.
Continue Reading