Market news
09.02.2021, 15:51

UK equities to outperform their peers elsewhere this year - Capital Economics

FXStreet notes that the MSCI UK Index generally underperformed the rest of the MSCI World Index of developed market (DM) equities for much of 2020. Strategists at Capital Economics think that the UK's equities will outperform their peers elsewhere this year, as some of the headwinds that they faced in 2020 fade or even act as tailwinds.

“Now that the uncertainty about the future relationship of the UK and EU has been removed and a ‘no deal’ scenario avoided, we think that it is more likely that the discount that UK equities have been trading at since 2016 will gradually unwind a little, rather than widen further.”

“We forecast the MSCI UK Index to end the year at around 2,100, an increase of ~16% from its current level, compared to our forecasts of a ~8% rise from the MSCI USA Index and a ~10% rise from the MSCI EMU Index. This translates into a forecast for the FTSE 100 to end the year at around 7,500, compared to around 4,200 for the S&P 500.”

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location