Danske Bank: Rotation in Equities Continues with Strong Macro Backdrop
Danske Research highlights ongoing sector and regional rotation in global equities, noting that European and Asian stocks are advancing while US equities lag.
Danske Bank's research team has observed that sector and regional rotation in global equities continues, underpinned by a strong macroeconomic backdrop. European and Asian stock markets are leading the advance, while US equities appear to be trailing in this phase of the cycle.
The note suggests that the rotation is a key theme for investors, with capital flowing between regions and sectors as the macro environment remains supportive. No specific sectors or indices were singled out in the brief summary.
Source: FXStreet Forex News