Turkish stocks are undoubtedly cheap, and very brave bargain-hunters may spy opportunity, but this market is cheap for a very good reason.
The eurozone expanded at an annualised rate of 1.5% in the three months to April, and European stocks have enjoyed a robust bounce. But there’s room for more growth.
The Baring Emerging Europe trust opts for top-quality eastern European stocks, says Max King.
Many Germans burnt their fingers badly in the stockmarket in the late 1990s, and have continued to be wary of equities. But now, lousy returns on savings accounts have clearly started to irritate people and promote risk-taking.
Turkey is one of the cheapest markets in the world right now. That’s usually a sign that you should buy. But is it really worth it? John Stepek weighs up the pros and cons.
Slowing GDP growth and disappointing data has prompted the longest run of persistent outflows from European equities in a decade.
The Deutsche-Commerzbank tie-up makes no sense and may spark another financial crisis.
The German market regulator has taken the highly unusual step of defending a single company from short-sellers. Matthew Partridge reports.
Germany’s GDP growth was below the eurozone’s average at just 1.4% in 2018, down from 2.2% in 2017. And it’s all down to reliance on what was once Germany’s biggest strength: exports.
Russia’s economy surprised analysts by growing at its fastest pace in six years in 2018. But investors shouldn’t get too excited.
Germany’s blue-chips are about to start paying their annual dividends. And there’s a record sum in the kitty.