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OverviewAPI
European shares are projected to rise modestly in 2024, with the pan-European benchmark STOXX 600 expected to increase by 4.1% and the Euro STOXX 50 by 2.5%. Germany's energy-intensive heavy industry is identified as the biggest drag, and the ECB is expected to end its tightening cycle with a cautious rate cut in September. However, concerns about a broader economic slowdown in Europe may lead to a challenging second half of 2024.

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