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EURO STOXX thrives in a challenging environment
Quoted financial analysts, January 1 – August 11, 2015
New York, August 27, 2015. As political and economic turmoil engulfs the formers BRICS stars and other emerging economies, analysts take an increasingly positive stance on the shares of the EURO STOXX 50 index. Research by the Media Tenor Institute shows, that analysts’ assessment of the leading European stocks improved notably since June 2015.
“As long as the outcome of the negotiations with the Greek government was in abeyance, analysts have emphasized the risks for European companies”, says Racheline Maltese, researcher with Media Tenor. While many European groups benefitted from the low oil price and the weak EURO, others are affected negatively by the economic sanctions against Russia, among them the upper segment of German car makers.
The end of sanctions against Iran, on the other hand, is perceived as a big opportunity for European industrial groups. “Germany already sent a high-profile delegation to Teheran in July – as alternatives both in Europe and the Middle East are essential in view of the recent crash in China”, concludes Maltese.
This research examined all 34,248 analyst statements in eight opinion-leading business media January 1, 2015 – August 11, 2015
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