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For Traders from Club iNSIDER: UBS and Citi Forecast that the European Stock Market will Continue its Rally before the End of the Year

Post Views: 372 Corporate earnings are improving and falling interest rates in the US are providing support, say leading strategists surveyed by Bloomberg.The average forecast of 19 strategists is that the Stoxx Europe 600 index will end the year around 560 points — about 2% above Wednesday’s levels. More than two-thirds of the analysts expect the index to rise in the coming months. UBS is among the most optimistic, seeing a 9% increase for the Stoxx Europe 600 by the end of 2025, driven by a faster-than-expected recovery in economic activity and improved corporate results.“We expected the next leg up for the Stoxx 600 to come next year, but new orders in the PMI have already started to expand, and…

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