Ahead of this week's ECB meeting on Thursday, when Draghi is widely expected to announce a long-awaited QE package for the eurozone, Investment Week asked the industry their views on how they think the market will perform this year.
Chi Chan, co-portfolio manager, Hermes Sourcecap eurozone strategy Rise in Exports The eurozone has been driven into deflation by the collapse in the oil price, but this is not necessarily bad. Given its position as a net importer of oil, this is improving the overall fortunes of companies in the region. A person who has not received a pay rise but whose heating bill and petrol costs have gone down is still better off. The euro has already weakened in anticipation of quantitative easing (QE). It is debatable whether QE at this point can achieve its primary objectives, but there is no d...
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