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European markets rally towards new highs in 2017 report Clarus China Everbright

2017-05-16 20:14
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SEOUL, South Korea, May 16, 2017 /PRNewswire/ -- European markets are poised for a successful year already outperforming its counterparts comment Clarus China Everbright.

With global investors acknowledging the issues the European block have encountered in the last 24 months it seems the worst is over. Investor sentiment is positive with the recent French election reassuring stability in Europe.

Vice President of Mergers & Acquisitions Charlie Yang at Clarus China Everbright noted "With new data on improved earnings European stocks have rallied to their biggest weekly inflow in the last week"

With U.S. equities has been the primary global driver for global gains since the financial crisis investors are now turning to European companies for growth.

Charlie Yang commented, "We can see the real reasons why investors are preferring to choose European stocks because they are cheap. Comparing 12 month earnings we see European companies at around 17 compared to 22 ratio making European stocks attractive." 

This year European stocks have outperformed UK & American markets; with the MSCI Europe index is up over 15 percent year to date.

With more economic data providing strength and reduced political pressure is resulting the Euro currency to flourish as well as its equity markets.

Clarus China Everbright is always fully committed not just to our clients, but also to the environment and the local community since we were founded in 2009. We always monitor the markets very closely to ensure they are working in accordance with our client's investments. Risk management is always our top priority.

Media Contact | Email: | Contact: +82 2 6022 1244

Source: Clarus China Everbright

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