Sign Up
OverviewAPI
European shares are expected to rise in 2024, fueled by optimism over global interest rates and a cautious rate cut by the ECB. Germany is identified as a drag due to its energy-intensive industry. The DAX, FTSE 100, and Euro STOXX 50 are forecasted to rise by 5%, 6.7%, and 3.5% respectively. European shares trade at a discount compared to the U.S., reflecting a worse economic outlook. Concerns about a broader economic slowdown in Europe may pose challenges in the second half of 2024.

Ask a question