星球日报|Mar 11, 2026 09:24
Barclays: If oil prices remain around $100, the European Stoxx 600 index will fall to around 550 points
Odaily Planet Daily News: Barclays Bank predicts that if oil prices continue to remain around $100 per barrel and economic growth remains stagnant, the growth rate of earnings per share (EPS) for European companies is likely to drop to lower single digits, and the European Stoxx 600 index will fall to around 550 points. From historical data, during periods of stagflation, the energy, utilities, and healthcare industries performed better, while the financial, telecommunications, and consumer sectors often lagged behind. The bank stated in a report that although the energy consumption intensity of the economy has decreased over time, economic growth still faces risks as Europe's dependence on Middle Eastern energy supply is as high as 30%. (Golden Ten)
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