Europe has been held down by lack of improvement in US-China trade tensions, despite continued expectations for approaching rate cuts from both the European Central Bank and the Federal Reserve.
However, Eastern Europe has been growing faster than much of the rest of the EU recently. This has been reflected to some extent by the fact large markets such as Poland still have positive interest rates unlike, say, Germany. This may shelter the financial sector from some of the harsher realities of the low net interest margins which have been holding back the sector in much of developed Europe. Eye on Central and Eastern Europe: Four regions to look out for If investors are looking for exposure to financials, they might be better off in Poland, Romania or the Balkans than bu...
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