J. P. Morgan Asset Management - The Weekly Brief

17.06.2013 17:35 - JPMorgan Asset Management (Switzerland) LLC

J. P. Morgan Asset Management - The Weekly Brief

Die Konjunkturlage in Europa bleibt angespannt, doch es gibt auch vielversprechende Signale. Die Industrieproduktion in der Eurozone war im April besser als erwartet und die Verbraucherpreisindizes stiegen in ganz Europa, jedoch weiterhin deutlich unter dem EZB Zielwert. Während der Internationale Währungsfonds und die EU-Kommission noch über die Auswirkungen der Sparmassnahmen diskutieren, haben einige der schwächsten Länder beachtliche Fortschritte gemacht. Griechenland steht vor seinem ersten Haushaltsüberschuss. Italien durfte aus dem EUDefizitverfahren austreten, und in Portugal und Irland sind strukturelle Reformen im Gange. In Spanien werden die Banken weiterhin umstrukturiert. Europa ist dabei, Ungleichgewichte zu verringern und neue Expansionsmassnahmen einzuleiten. Aktien- und Anleiheninvestoren werden sich hierdurch zusätzliche Chancen bieten.

– Paola Toschi

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