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French political uncertainty and China trade row cast shadow over Europe

French political uncertainty and China trade row cast shadow over Europe

Political uncertainty in France and an EU trade dispute with China are casting a shadow over European corporate earnings, investors say, despite forecasts pointing to better corporate results. According to LSEG I/B/E/S equity research, second-quarter earnings for companies in the pan-European STOXX 600 index are expected to rise by 2%, with revenues up 1.7%. This would be the first quarter of growth since early 2023. Investors had been optimistic about Europe's stock markets as the European Central Bank adopted a looser policy and the economic outlook improved. However, French President Emmanuel Macron's unexpected decision to call a general election has raised doubts.

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Russia Calling!

Russia Calling!

President Putin has inaugurated the 7th Annual Investment Forum of VTB Capital "Russia Calling!" It is being held in Moscow on October 13-14. It was first held in 2009.