Security

SXXP Research & Analysis Hub

European equity markets, represented by the Stoxx 600 (SXXP), are witnessing strengthening earnings momentum with Q1 growth forecasts reaching approximately 10%, primarily underpinned by the energy sector and rigorous internal cost discipline. While recent EPS growth of 5% in Europe trails the exceptional 23% seen in the S&P 500, margin expansion and secular trends such as AI and electrification are providing critical support for regional valuations. Research indicates a preference for cyclicals over defensive sectors, alongside a thematic shift toward 'transformational innovation' including IT, power resources, and longevity-focused healthcare. With pairwise stock correlations at their lowest levels since 2018, the current environment favors active management strategies to capitalize on increasing individual company divergence. However, systemic risks remain elevated as geopolitical tensions in the Middle East drive oil supply concerns and maintain a risk premium across global sovereign yields. Despite these headwinds, a higher-than-average proportion of firms are raising future guidance, reinforcing earnings as a primary pillar of market resilience amidst high funding costs and fiscal constraints.

29 reports available

Market Monitor thumbnail

Market Monitor

Goldman Sachs·Jun 1, 2026

Global equities reached new highs driven by AI enthusiasm and a potential Middle East ceasefire, while the S&P 500 target was upgraded to 8,000 on strong earnings. However, fixed income markets face uncertainty as hawkish inflation data and Fed commentary suggest rate hikes could return to the table.

Europe Weekly Kickstart thumbnail

Europe Weekly Kickstart

Goldman Sachs·May 24, 2026

The report highlights a historically strong negative correlation between European equities and bond yields, driven by high valuations and late-cycle dynamics. It advises shifting focus from rate-sensitive positioning to structural growth themes like AI and Defense.

Market Rhythm Focus thumbnail

Market Rhythm Focus

EFG·Jun 8, 2026

This report provides a technical analysis of key global indices, characterizing recent market declines as corrective pullbacks rather than major trend changes. It highlights critical support levels across the Nasdaq 100, Philadelphia Semiconductors, Stoxx Europe 600, and TOPIX.

UK Weekly Kickstart: When Weak Growth Meets Fiscal Limits thumbnail

UK Weekly Kickstart: When Weak Growth Meets Fiscal Limits

Goldman Sachs·May 24, 2026

The UK economy is experiencing weakening growth momentum and labor market softening, complicating a tight fiscal outlook with only ~£12bn in headroom. While political uncertainty is rising, the potential for higher capital gains taxes is viewed as a low-risk event for the broader equity market due to its international composition.

Europe Weekly Kickstart thumbnail

Europe Weekly Kickstart

Goldman Sachs·May 10, 2026

European Q1-26 earnings show a strong +9% headline growth driven by Financials and Commodities, but broader market breadth is narrowing. Goldman Sachs warns of a 'margin inflection point' as decelerating GDP growth and rising input costs pose downside risks to future profitability.

Global Weekly Kickstart thumbnail

Global Weekly Kickstart

Goldman Sachs·Jun 8, 2026

Global equities faced a sell-off last week as robust labor data pressured rate expectations. Despite rising supply, the outlook for US equity issuance remains supported by strong corporate demand.

Up and Adam

Raymond James·May 11, 2026

Market Rhythm

EFG Bank AG·May 25, 2026

Goal Asset Allocation Balancing Micro Tailwinds And Macro Headwinds

Goldman Sachs·Jun 14, 2026

Sign up to access 23 more reports

All reports

Page 1 of 2

Related

EquitiesGoldman SachsUBSJ.P. Morgan

Get full access

14-day trial · card required