Barclays are expecting the European CentralBank to cut more than expected

October 2, 2024
-Chinese Yuan, Euro, FCHFX

October 02, 2024 at 09:38PM
Snippets from Barclays, in summary:

Shorter term we worry the ECB will need to cut more than expected to stabilise the economy

seeing only slow growth in the European Union

And, not just the ECB that’ll keep cutting, Barclays is bullish US equities despite stocks being near record highs:

path of least resistance remains to trade higher

global rate cutting cycle and China stimulus is keeping a soft landing for the economy on track

—

This article was written by Eamonn Sheridan at www.forexlive.com.

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