Business & Finance
Risk Demand Grows for Europe as AI Woes Hit US, Citi’s Chew Says
Key Points
Risk Demand Grows for Europe as AI Woes Hit US, Citi’s Chew Says Europe’s stock market is the only major region to have experienced a meaningful improvement in risk appetite in recent weeks, supported by fresh capital inflows and better-than-expected earnings, according to strategists at Citigroup Inc. Positioning sentiment improved across all major European benchmarks last week, while indicators in the US show deteriorating conviction, strategists including David Chew wrote in a note. In...
Risk Demand Grows for Europe as AI Woes Hit US, Citi’s Chew Says
Europe’s stock market is the only major region to have experienced a meaningful improvement in risk appetite in recent weeks, supported by fresh capital inflows and better-than-expected earnings, according to strategists at Citigroup Inc.
Positioning sentiment improved across all major European benchmarks last week, while indicators in the US show deteriorating conviction, strategists including David Chew wrote in a note. In Asia, artificial intelligence-related fears have driven sharp positioning divergences, with South Korea’s benchmark index entering deeply bearish territory.