Barclays: Oil and Interest Rates Will Determine the Course of European Stocks

marketnews.gr

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For Barclays, the US midterm elections are having less of an impact on European stocks. European indices have lost about 3% from their summer highs. At the same time, investors have reduced their positions and adopted a more cautious stance. However, Barclays does not believe that election uncertainty alone caused the correction. Instead, expensive oil and high bond yields are putting more pressure on markets. What the history of midterm electio…

Reporter.gr

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Oil prices and interest rates are expected to be more important for European stocks than the US midterm elections, according to Barclays, which maintains a cautiously positive stance on European markets. The British house notes that European stocks are moving largely in line with the historical seasonal patterns of US midterm election years, with most major indices down about 3% from summer highs. At the same time, investment positions have been…

FinanzaOnline

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Historically the trajectory of the stock exchange goes down before the elections and then comes back into force. In the current circumstances, however, politics goes into the background

Capital.gr

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European stocks are currently following the usual negative trend that characterizes the period before the US midterm elections. However, historical data shows that this trend does not last, as the upward trend resumes before the US polls. Barclays expects the impact of the elections on politics and stocks to be limited. Instead, oil prices and interest rates are what really matter for the markets at the moment, and both are becoming increasingly…