“DBS foreign exchange (forex) strategist sees this as a sign that international investors are viewing the Eurozone as a more reliable hedge against capital preservation risks stemming from Trump’s unpredictable policies,” write Foo and Ling.
Europe is increasingly establishing a reputation among investors as an alternative to an unpredictable US market.
In their June 5 report, DBS Group Research analysts Foo Fang Boo and Ling Lee Keng point to the strong year-to-date (ytd) outperformance in EU equities over the S&P 500 Index amid ceaseless tariff developments and the EUR’s strength during the European Central Bank’s (ECB) rate cut cycle as reasons behind the shifting sentiment.
