Growth and trade worries to keep a lid on European stocks in 2019: Reuters poll - Dealers Care

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Wednesday, 28 November 2018

Growth and trade worries to keep a lid on European stocks in 2019: Reuters poll

By Danilo Masoni MILAN (Reuters) - European shares will move in a tight range going into the year-end and throughout 2019, a Reuters poll showed, as slowing growth, political risks and worries over Washington's protectionist policies keep investors on the sidelines. European and euro zone indices have fallen 8-10 percent so far this year, lagging Wall Street, as analysts have been slashing their earnings growth forecasts amid a weakening economic outlook and tensions over Italy's budget. The pan-European STOXX 600 benchmark index is expected to reach 365 points by year-end, according to the poll of 27 brokers, fund managers and analysts, 1.9 percent above Monday's close of 358 points but 6.2 percent down on the year

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