October 11, 2019

Chart of the Day: FTSE Europe Earnings

by David Aurelio.

Optimism over a pathway to a possible BrExit deal continues following “constructive” meetings in Brussels.  The European Union gives the go-ahead for “their chief negotiator to hold another round of intense and secret negotiations with London in a bid to secure a deal”, according to Reuters.

Analysts expect the FTSE 100, a gauge on United Kingdom equities, to see earnings increase 1.3% this year. The FTSE Europe is expected to increase 1.9% in 2019 and the FTSE Europe Ex-UK is expected to see higher YoY earnings and grow 3.3%.

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