Live Markets: Preparing for trade tensions

Trelleborg AB

19/02/2024 10:56

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      STOXX 600 down 0.1%
    

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      China stocks see modest gains
    

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      Takeover battle for Currys heats up
    

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      NYSE shut for holiday
    

  
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    PREPARING FOR TRADE TENSIONS
    Trade tensions will most likely return to the fore should Donald Trump win the U.S.
Presidential elections in November. And that, inevitably, is going to be a big headache for
Europe's export-oriented economy.
    stock investors too should be prepared to navigate market turbulence. To spot potential pain
points, Citi has screened for European stocks with big U.S. exposure and which have, in the
past, proven sensitive to uncertainty over trade policy. 
    The end result is a basket of 25 stocks, mostly in the auto, construction and industrial
sectors, whose market cap ranges from around $5 billion to over $200 billion.
    During the trade tensions of 2018, these stocks underperformed the market by an average 9
percentage points, compared to 1.6 percentage points for the STOXX 600.
    Here you go:
        "Reprinted with permission of Citi Research. Not to be reproduced.”
    
    (Danilo Masoni)
    *****
    
      
    FOR MONDAY'S OTHER LIVE MARKETS POSTS 
    INDONESIA WATCH: ALL THAT RALLIES ISN'T RISK-FREE CLICK HERE
    STOXX SLIPS AS MINERS WEIGH ON INDEX CLICK HERE
    EUROPE SET FOR TEPID START TO THE WEEK CLICK HERE
    CHINA MARKETS LOOK LIKE THEY NEED ANOTHER HOLIDAY CLICK HERE
    
($1 = 0.7923 pounds)

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Trade tensions basket    https://tmsnrt.rs/42Rw523
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