PRESS ROOM
European equities make gains as outlook improves
Tuesday 18th August '20
European equities are making gains in August on improving expectations of economic growth. The ZEW Expectations of Economic Growth indices for both Germany and Eurozone have improved further in August providing a boost to investor sentiment. Further support is coming from optimism around the development of a vaccine and the deployment of the recently agreed €750 billion fiscal stimulus from the European Commission. The Euro Stoxx 50 Index is up over 4.5% month-to-date in August (as of 18 August).