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A positive return from EZ and UK - Goldman Sachs

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Analysts at Goldman Sachs have a positive outlook for the EZ and Uk for 2016.

    Key Quotes:

    "Given our view on a recovery in the Euro area and wider US vs Euro area bond spreads, we expect a slightly higher acceleration in performance for the Eurostoxx 50 on a 12-month horizon.

    We expect a similar trend for the FTSE 100 due to the recovery in the commodity markets and the fact that the UK will have had time to digest the BoE rates hike that we expect in 2Q 2016. Overall, we forecast that in 12 months the Eurostoxx 50 and the FTSE will reach 3800 and 6700, implying returns of around 5% and 8%, respectively. "
    For more information, read our latest forex news.

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