Barclays: European Stocks Already Pricing a Trump Win

Bitget News - With the U.S. election less than two weeks away, Barclays said European stocks have reflected the possibility of a Trump victory.

A basket of European exporters - those companies most vulnerable to tariffs - has lagged the benchmark Stoxx Europe 600 index by as much as 15 percent since early spring this year, the firm said.

Barclays said this reflects investors pre-preparing for Trump's proposed tariff policy, which has been a centerpiece of his presidential campaign and which investors expect him to win.

The report also noted that European markets could rally if Harris wins. Her policies would also boost clean and renewable energy in the region, areas that have underperformed due to the possibility of a Trump victory.

Translated with DeepL.com (free version)