European Central Bank

This year has seen a continuation in 2016's trend for corporate credit. The European Central Bank (ECB) purchase programme under its quantitative easing policy has pushed corporate credit spreads tighter, starting with high-quality corporate issuers,...

Climbed 1.1% to $1.201

Who would have thought 12 months ago that Europe would have become the destination of choice for investors in 2017? What has changed?

Caused by three factors

Europe's economic recovery continues to broaden and deepen. The ongoing expansion is supported by a synchronised global growth backdrop with few medium-term concerns coming from the international trade impulse.

Attractive economic backdrop

Central banks have a 'task and a half'

Political risk diminished

Italy remains a risk

Remains positive on European credit