Market performance has not been at stake, with many European bourses delivering in a turbulent year. The German DAX hit 20,000 in early December after a run of record highs, despite the regional economic gloom. France’s CAC 40 had a strong first half of the year, before sliding down amid ECB rate cuts and political instability. The UK’s FTSE 100 also hit record highs in May and has had a total return of 11.4%, its best since 2021.
However, the US’s S&P 500 and Japan’s Nikkei 225 indices are notably more insulated from bilateral disputes and potential conflicts than those in Germany, France and the UK.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
