Trump Victory Could Benefit European Capital Market Banks -- Market Talk

Dow Jones11-06

0856 GMT - A Trump victory in the U.S. is a positive for European capital markets banks, Keefe, Bruyette & Woods say. Barclays, Deutsche Bank and UBS trade 4.8%, 5.2% and 4.1% higher, respectively. The election outcome is a negative for banks with exposure to countries threatened by trade tariffs, such as Spain's BBVA, whose largest market is Mexico. BBVA shares drop 3.6%. The Stoxx Europe 600 banks subindex rises 0.9%. "A win for the Trump campaign asks more difficult questions for European politicians around geopolitics, trade tariffs. The second order effects will be key for bank fundamentals and equity prices, in particular the rate outlook," analysts led by Andrew Stimpson wrote in a note ahead of the election. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

November 06, 2024 03:57 ET (08:57 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481629291?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-06 16:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481629291","market":"fut","top_or_hot":-1,"title":"Trump Victory Could Benefit European Capital Market Banks -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0856 GMT - A Trump victory in the U.S. is a positive for European capital markets banks, Keefe, Bruyette &amp; Woods say. Barclays, Deutsche Bank and UBS trade 4.8%, 5.2% and 4.1% higher, respectively. The election outcome is a negative for banks with exposure to countries threatened by trade tariffs, such as Spain's BBVA, whose largest market is Mexico. BBVA shares drop 3.6%. The Stoxx Europe 600 banks subindex rises 0.9%. \"A win for the Trump campaign asks more difficult questions for European politicians around geopolitics, trade tariffs. The second order effects will be key for bank fundamentals and equity prices, in particular the rate outlook,\" analysts led by Andrew Stimpson wrote in a note ahead of the election. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2024 03:57 ET (08:57 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Victory Could Benefit European Capital Market Banks -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Victory Could Benefit European Capital Market Banks -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 16:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0856 GMT - A Trump victory in the U.S. is a positive for European capital markets banks, Keefe, Bruyette & Woods say. Barclays, Deutsche Bank and UBS trade 4.8%, 5.2% and 4.1% higher, respectively. ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DB","symbol_name":"德意志银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481629291","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481629291","pubTimestamp":1730883420,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0856 GMT - A Trump victory in the U.S. is a positive for European capital markets banks, Keefe, Bruyette & Woods say. Barclays, Deutsche Bank and UBS trade 4.8%, 5.2% and 4.1% higher, respectively. The election outcome is a negative for banks with exposure to countries threatened by trade tariffs, such as Spain's BBVA, whose largest market is Mexico. BBVA shares drop 3.6%. The Stoxx Europe 600 banks subindex rises 0.9%. \"A win for the Trump campaign asks more difficult questions for European politicians around geopolitics, trade tariffs. The second order effects will be key for bank fundamentals and equity prices, in particular the rate outlook,\" analysts led by Andrew Stimpson wrote in a note ahead of the election. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DB":"德意志银行","BK4588":"碎股","BCS":"巴克莱银行","BK4566":"资本集团","LU1829250122.USD":"高盛欧洲核心股票组合Acc","BK4521":"英国银行股","BK4552":"Archegos爆仓风波概念","IE0034235071.USD":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","BK4118":"综合性资本市场","BK4207":"综合性银行","UBS":"瑞银","BK4585":"ETF&股票定投概念","BBVA":"西班牙外换银行","BK4534":"瑞士信贷持仓"},"translate_title":"特朗普获胜可能有利于欧洲资本市场银行——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBVA":0.9,"BCS":0.9,"DB":0.9,"UBS":0.9},"content_text":"0856 GMT - A Trump victory in the U.S. is a positive for European capital markets banks, Keefe, Bruyette & Woods say. Barclays, Deutsche Bank and UBS trade 4.8%, 5.2% and 4.1% higher, respectively. The election outcome is a negative for banks with exposure to countries threatened by trade tariffs, such as Spain's BBVA, whose largest market is Mexico. BBVA shares drop 3.6%. The Stoxx Europe 600 banks subindex rises 0.9%. \"A win for the Trump campaign asks more difficult questions for European politicians around geopolitics, trade tariffs. The second order effects will be key for bank fundamentals and equity prices, in particular the rate outlook,\" analysts led by Andrew Stimpson wrote in a note ahead of the election. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 06, 2024 03:57 ET (08:57 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481629291"}