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Prepare European markets for tapering in 2018, says Bank of Singapore

Investing strategies

Prepare European markets for tapering in 2018, says Bank of Singapore

Michelle Zhu Published on Thu, Jun 01, 2017 / 1:16 PM GMT+8

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SINGAPORE (June 1): Europe is now threatening to be an outlier in the “as good as it gets” investment theme as its cyclical improvement continues to gather speed, according to Bank of Singapore (BoS).

In a Thursday report, the bank’s chief economist Richard Jerram highlights persistent improvement in Eurozone growth over the last few years, with the unemployment rate continuing to fall to its lowest since 2009.