Just as European equities capped their worst week in nine months amid geopolitical tensions, strategists at HSBC Holdings Plc say the probability of a so-called correction in the second half of the year is rising.
The MSCI Europe Index hasn’t had a drop exceeding 10 percent from peak to trough in more than 13 months, the second-longest stretch since the global bull market kicked off in March 2009.
Source: Bloomberg Pro Terminal
Jr Trader Ivan Ivanov
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