The Chart of the dutch AEX is showing a clear brake of a major multi-year down trendline. In yesterdays Dutch election 81% of Dutch citizens voted against populism and for the European Union as voters said asked in exit polls.
After the BREXIT the overall sentiment for European Stockmarkets had been mostly bearish.
After the BREXIT fears are mounting that more European Countries might leave the EU now for 9 month. Those fears might be overdone. Same time the fundamentals in Europe showing strong signs of recovery. The AEX chart is supporting also a more optimistic view.
After the BREXIT the overall sentiment for European Stockmarkets had been mostly bearish.
After the BREXIT fears are mounting that more European Countries might leave the EU now for 9 month. Those fears might be overdone. Same time the fundamentals in Europe showing strong signs of recovery. The AEX chart is supporting also a more optimistic view.
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Comment:
MAR 28 2017: JPMorgan: A Le Pen loss will be a win for European equities
Quote:
If far right French presidential candidate Marine Le Pen loses the election, it will spur a "significant" surge of inflows into European stocks, JPMorgan said in a note Monday.
How significant?
JPMorgan estimated that a Le Pen loss will see at least 10 percent of assets under management flow back into the region's stock markets. It noted that since the beginning of 2016, around $100 billion has flowed out of the segment, according to EPFR data, marking up a loss of nearly 10 percent of assets under management. "We believe that these flows at least could come back into the region, should political uncertainty fade, in addition to any potential new net inflows," JPMorgan said. Some opinion polls have shown that Le Pen, leader of the far right, anti-European Union, anti-immigrant National Front party, could be a top pick in the first round of voting in France's presidential election on April 23.
A healthy majority of analysts and experts believe Le Pen, who wants to pull France out of the euro zone, won't win the second round of voting on May 7 if she makes it past the first. But fears abound over a potential dark horse Le Pen victory, in line with political surprises such as Brexit and Donald Trump's U.S. presidential win. That's spurred concerns of a potential French exit from the euro azone, dubbed Frexit, and even a possible breakup of the bloc. While JPMorgan noted that any "Le Pen loss" lap of inflows was likely to boost the euro, it didn't expect that would weigh on European stocks, which have benefited from a weaker currency. "We think a stronger euro would not be an impediment for regional equities and, in fact, believe the euro will turn positively correlated to euro zone equities, no matter the election outcome," it said. It noted that the euro is typically seen as a vote of confidence in the region. Source: www.cnbc.com/2017/03...ropean-equities.html
Quote:
If far right French presidential candidate Marine Le Pen loses the election, it will spur a "significant" surge of inflows into European stocks, JPMorgan said in a note Monday.
How significant?
JPMorgan estimated that a Le Pen loss will see at least 10 percent of assets under management flow back into the region's stock markets. It noted that since the beginning of 2016, around $100 billion has flowed out of the segment, according to EPFR data, marking up a loss of nearly 10 percent of assets under management. "We believe that these flows at least could come back into the region, should political uncertainty fade, in addition to any potential new net inflows," JPMorgan said. Some opinion polls have shown that Le Pen, leader of the far right, anti-European Union, anti-immigrant National Front party, could be a top pick in the first round of voting in France's presidential election on April 23.
A healthy majority of analysts and experts believe Le Pen, who wants to pull France out of the euro zone, won't win the second round of voting on May 7 if she makes it past the first. But fears abound over a potential dark horse Le Pen victory, in line with political surprises such as Brexit and Donald Trump's U.S. presidential win. That's spurred concerns of a potential French exit from the euro azone, dubbed Frexit, and even a possible breakup of the bloc. While JPMorgan noted that any "Le Pen loss" lap of inflows was likely to boost the euro, it didn't expect that would weigh on European stocks, which have benefited from a weaker currency. "We think a stronger euro would not be an impediment for regional equities and, in fact, believe the euro will turn positively correlated to euro zone equities, no matter the election outcome," it said. It noted that the euro is typically seen as a vote of confidence in the region. Source: www.cnbc.com/2017/03...ropean-equities.html
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APR 04 2017: Michael Hasenstab bets against euro in populist hedge
Quote: Michael Hasenstab is betting against the euro, a striking position for an investment manager celebrated in Europe for throwing the weight of Franklin Templeton’s flagship bond fund behind Ireland and Hungary as they emerged from the debt crisis. Speaking to the Financial Times, his comments highlight the concerns of many international investors, amplified following a campaign pledge from Marine Le Pen, presidential candidate of the far right in France’s upcoming presidential election, to withdraw the country from Europe’s single currency.
Quote: www.ft.com/content/b...e7-ac5a-903b21361b43
Quote: Michael Hasenstab is betting against the euro, a striking position for an investment manager celebrated in Europe for throwing the weight of Franklin Templeton’s flagship bond fund behind Ireland and Hungary as they emerged from the debt crisis. Speaking to the Financial Times, his comments highlight the concerns of many international investors, amplified following a campaign pledge from Marine Le Pen, presidential candidate of the far right in France’s upcoming presidential election, to withdraw the country from Europe’s single currency.
Quote: www.ft.com/content/b...e7-ac5a-903b21361b43
Comment:
APR 05 2017 Euro zone businesses started 2017 on a six-year high: PMI
www.investing.com/ne...ear-high:-pmi-471528
www.investing.com/ne...ear-high:-pmi-471528
Comment:
APR 06 2017- Europe, Êconomy
Draghi says ECB's policy stance is still appropriate, too soon to reduce stimulus
Source: www.cnbc.com/2017/04...ill-appropriate.html
Draghi says ECB's policy stance is still appropriate, too soon to reduce stimulus
Source: www.cnbc.com/2017/04...ill-appropriate.html
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APR 24 2017: Wall Street surges, Nasdaq hits record on French vote result
www.investing.com/ne...-french-worries-ease
www.investing.com/ne...-french-worries-ease
Comment:
Exclusive: Portugal says economy growing faster than forecast www.investing.com/ne...than-forecast-488109
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Polls suggest parliamentary majority within reach for France's Macron
www.reuters.com/arti...ection-idUSKCN18E07E
www.reuters.com/arti...ection-idUSKCN18E07E
Comment:
UK could be heading towards hung parliament after general election, pollster predicts
YouGov predicts the Conservatives may win just 310 seats – 16 shy of an absolute majority
www.independent.co.u...atives-a7764271.html
YouGov predicts the Conservatives may win just 310 seats – 16 shy of an absolute majority
www.independent.co.u...atives-a7764271.html
Comment:
All European Long Trades closed on profit taking. For additional information please click on the DAX chart and read furhter up dates.
Macron: 26%
LePen: 25%
Source:https://en.m.wikipedia.org/wiki/French_presidential_election,_2017