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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeutsche Bank: Volatility and political discount shouldn't an issue for the UK anymoreMaximilian Uleer, Head of European & Cross-Asset Strategy at Deutsche Bank, discusses how the UK elections impact the markets.
Persons: Maximilian Uleer Organizations: Deutsche Bank, European
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech rally 'broadening out' to other sectors, Deutsche Bank strategist saysMaximilian Uleer, head of European equity & cross asset strategy at Deutsche Bank Research, says the tech stock rally looks set to extend to other sectors.
Persons: Maximilian Uleer Organizations: Email Tech, Deutsche Bank, Deutsche Bank Research
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnap election will drive up volatility over the coming weeks, says Deutsche Bank's UleerMaximilian Uleer, Deutsche Bank's head of European equity and cross-asset strategy, joins 'Money Movers' to discuss how to measure the impacts of recent events in Europe, whether the moves in the French market index are an overreaction, and what the European markets are afraid of.
Persons: Bank's, Bank's Uleer Maximilian Uleer Organizations: Bank's Uleer, Deutsche Locations: Europe
Breaking down the next leg of the European equity rally
  + stars: | 2024-05-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down the next leg of the European equity rallyMaximilian Uleer, Head of European Equity and Cross Asset Strategy at Deutsche Bank, and Kristina Hooper, Chief Global Market Strategist at Invesco, discuss the European rally as the STOXX 600 and FTSE 100 hit fresh all-time highs.
Persons: Maximilian Uleer, Kristina Hooper Organizations: European Equity, Cross, Deutsche Bank, Chief Global
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGermany is the 'sore athlete' of Europe, not its 'sick man,' Deutsche Bank strategist saysMaximilian Uleer, head of European equity and cross asset strategy at Deutsche Bank, explains why "sick man" is "too bad" a term to describe Germany.
Persons: Maximilian Uleer Organizations: Deutsche Bank Locations: Europe, Germany
Deutsche Bank strategists recommend equity overweight into 2024
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +1 min
Deutsche Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 10 (Reuters) - Strategists at Deutsche Bank have recommended an overweight in equities into 2024, as risks are now well reflected in the market and those are about to turn into opportunities. "We anticipated weaker growth, disappointing beats in earnings and disappointing central bank communication into Q3," Deutsche Bank strategists, led by Maximilian Uleer, head of European Equity- and Cross Asset Strategy, said in a note. The bank has set its 2024 forecast for the STOXX 600 (.STOXX) at 510, for the Euro STOXX 50 (.STOXX50E) at 4,850 and DAX 40 (.GDAXI) at 18,000. Deutsche Bank added it remained neutral U.S. equities versus Europe, while within Europe is underweight the Switzerland's SMI (.SSMI) due to its "defensive character into a bullish market."
Persons: Dado Ruvic, Maximilian Uleer, DAX, Uleer, Brent, Samuel Indyk, Amanda Cooper, Bernadette Baum Organizations: Deutsche Bank, REUTERS, European Equity, Europe, Thomson Locations: Europe, Israel, Palestine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeak guidance is overshadowing positive European earnings, analyst saysMaximilian Uleer, head of European equity and cross asset strategy at Deutsche Bank, discusses the European earnings season.
Persons: Maximilian Uleer Organizations: Deutsche Bank
CNBC Daily Open: Jobs, jobs and more jobs
  + stars: | 2023-07-07 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Half a million jobsU.S. private sector companies added 497,000 jobs in June, according to payroll processing firm ADP. The ADP jobs report doesn't necessarily give a good estimate of the Department of Labor's jobs report. Worst days and lowest levelsU.S. stocks fell Thursday as traders grew concerned over what the scorching hot ADP jobs report means for interest rates.
Persons: Dow Jones, Janet Yellen, Yellen, Bitcoin Bitcoin, Larry Fink, Deutsche Bank's Maximilian Uleer Organizations: CNBC, Department, Treasury, U.S ., Treasury Department, BlackRock, Deutsche Bank's Locations: Yellen, China U.S, Beijing, China, U.S, BlackRock
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeutsche Bank strategist: 'We're at exactly the point where the market is getting too complacent'Maximilian Uleer, head of European equity and cross asset strategy at Deutsche Bank, said he is surprised at how calm the stock market is despite a number of uninspiring data points out of Europe and China.
Persons: Maximilian Uleer Organizations: Deutsche Bank Locations: Europe, China
Investors have become "too complacent" in the calm before a potential storm for stock markets, according to Deutsche Bank's Maximilian Uleer. Stock market volatility is usually indicated through the VIX index and is often considered a barometer of fear and uncertainty in the market. Downside protection for investors Uleer also highlighted a number of opportunities for investors to lock in their gains for this year. In the illustrated example above, the portfolio would suffer a maximum loss of 3.41% even if the stock market declined further, not accounting for trading costs, by mid-December. Potential upside Despite the near-term risks, the market strategist pointed to the travel and leisure sector for upside potential.
Persons: Deutsche Bank's Maximilian Uleer, It's, I'm, Uleer, CNBC's Organizations: Deutsche Bank's, Stock, PMI, Deutsche Bank, Uleer, Downside, Airlines Locations: China, Europe, Refinitiv
Wall Street is downgrading European banks after stresses in the sector led to the emergency merger of the two largest lenders in Switzerland. The bank's strategists said — in a report titled "A dozen stocks in case markets turn sour" — their list of 12 buy-rated stocks would prove resilient during broad market sell-offs. The list includes companies such as Nokia , Sodexo , and SAP among others that strategists at Deutsche Bank Research said could outperform broader markets during recessionary environments. Meanwhile, they said that Sodexo's defensive growth profile is also expected to lead to top-line growth of 8-10% this year. Deutsche strategists Maximilian Uleer and Caroline Raab added that the German tech giant SAP had finished its costly cloud investments and is now starting to see benefits from the transformation.
Europe’s recession may not be as bad as feared
  + stars: | 2023-01-04 | by ( Anna Cooban | ) edition.cnn.com   time to read: +4 min
On Wednesday, France’s statistics institute said consumer price inflation was 5.9% in December, down from 6.2% in November. A drop in energy prices drove the decline, the institute said. In Germany, Europe’s biggest economy, provisional data released on Tuesday showed that inflation had fallen to 8.6% in December, from 10% the month before. “If we are seeing a continued flight to value, then the relative cheapness of European stocks is a big plus,” he said. Benchmark prices for European natural gas futures have tumbled 10% since Monday to €69 ($73) per megawatt hour.
Shares of mass market retailers will fall as profit margins are squeezed, and consumers curtail spending next year, according to Plurimi Wealth's chief investment officer. Selling shares "short" means borrowing shares through a broker to sell them immediately with a plan to repurchase them when the price is lower. In such an environment, mass market retailers that benefit from discretionary spending will see their revenues decline. While investors are split over the health of the American consumer, European shoppers are mostly expected to curtail their spending habits next year. Elsewhere in Europe, economists are also expecting a recession for the first half of next year that will impact discretionary spending.
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