European shares set to rise in 2024 as central banks turn dovish, recession worries weigh- Reuters poll

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Reuters UK

By Samuel Indyk and Danilo Masoni LONDON (Reuters) – European equity markets are forecast to eke out a modest rise in 2024, a Reuters poll found, as optimism that global interest rates have peaked is offset by worries the economy could fall into a recession. Fund managers and equity strategists surveyed Nov. 10-20 expect the pan-European benchmark STOXX 600 index to rise to 475 points by the end of next year, implying a 4.1% increase from Monday’s close at 456.26. The Euro STOXX 50 index of the 50 largest and most liquid stocks in Europe is seen rising by an even smaller 2.5%, to end next year…

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