Barclays: European Stocks Poised for Relief Rally if Iran Conflict Ends Quickly
Barclays says European equities could see a rapid rebound should the Iran conflict be resolved swiftly, but warns of significant downside if disruptions to the Strait of Hormuz persist. The bank frames the relative performance of EU versus U.S. stocks as increasingly dependent on the path of oil prices, noting deteriorating eurozone macro signals a…