By Michele Maatouk
Date: Monday 17 Jun 2024
(Sharecast News) - Citi downgraded its stance on European equities on Monday to 'neutral' from 'overweight' as it said near-term risks have increased, with markets narrowing and political uncertainty taking centre stage.
At the same time, the bank upgraded the more "growth-oriented" US.
Citi highlighted key reasons for the downgrade:...
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