David Chew: European stock market risk appetite picks up, in contrast to the US and Asian markets
2026-08-04 16:26:26
According to CoinMeta, strategist David Chew from Citigroup stated that European stock markets are supported by capital inflows and strong corporate earnings, leading to an improvement in risk appetite, which contrasts with the US and Asian markets that are affected by concerns over AI. Last week, sentiment towards investment positions in major European stock indices improved, while investor confidence in the US market weakened. In the Asian markets, positions became more diversified due to concerns over AI, with South Korea's benchmark stock index entering a highly bearish territory. The Euro Stoxx 50 index positions remained stable, and the European market benefited from the European Central Bank's decision to keep interest rates unchanged and from earnings that exceeded expectations.
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Source:Internet
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