International investors are expressing renewed faith in the European economy, underpinning a mounting sense of confidence in the outlook for industrial nations, according to the latest Bloomberg Global Poll.
Forty percent of the responding investors, analysts and traders who are Bloomberg subscribers said the euro-area economy is improving, more than four times the number in May and a signal the region’s 3 ½-year debt crisis is ending. With sentiment also rising in the U.S. and Japan, 40 percent said the world economy is strengthening, the most since January 2011.
The bullishness five years since the collapse of Lehman Brothers Holdings Inc. is supporting a taste for risk as 52 percent anticipate stocks will offer the best return over the next year. Reflecting a shift in mood, the prospects of a Chinese slowdown and U.S. fiscal fight displaced Europe’s woes as the biggest global economic threats.
Read more: Renewed Confidence in the European Economy | OANDA Forex Blog
Forty percent of the responding investors, analysts and traders who are Bloomberg subscribers said the euro-area economy is improving, more than four times the number in May and a signal the region’s 3 ½-year debt crisis is ending. With sentiment also rising in the U.S. and Japan, 40 percent said the world economy is strengthening, the most since January 2011.
The bullishness five years since the collapse of Lehman Brothers Holdings Inc. is supporting a taste for risk as 52 percent anticipate stocks will offer the best return over the next year. Reflecting a shift in mood, the prospects of a Chinese slowdown and U.S. fiscal fight displaced Europe’s woes as the biggest global economic threats.
Read more: Renewed Confidence in the European Economy | OANDA Forex Blog
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