\u201cEven though this is what we thought the outcome would
\nbe, we are still relieved that this election is very different
\nto the previous one and yet is more unpredictable.
\nHowever, to this result I say: Vive la France, Europe lives
\non! And European equities as well, which we have
\nupgraded to over-weight after yesterday\u2019s results.\u201d<\/p>\n
\u201cWe have been convinced by the macro-economic environment and the profits
\ndynamism shown by European companies for some time now. Having said that, in
\nour view political uncertainties have deterred foreign investors in particular from
\nincreasing their commitments in Europe. After the elections in the Netherlands and
\nAustria, coupled with AfD\u2019s falling poll ratings in Germany, the first ballot in France
\nsuggests that the populists have been losing considerable ground in 2017. Despite
\nall the challenges that still lie ahead, at the end of this year Europe could be much
\nmore stable than it was in January.\u201d<\/p>\n
\u201cLooking at France our optimism is a bit muted. A lot depends on the outcome of the
\nparliamentary election and how this outcome supports Macron\u2019s mandate. So far he
\ncan neither rely on an own party or vast political experience. This means that with his
\npresidency France is also entering unchartered territory.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"
\u201cThe results from the first round of vote counting
\nstrengthen our confidence that, from this summer, France
\nwill have a president in favor of reforms for the first time.\u201d
\nComments from Stefan Kreuzkamp,
\nChief investment Officer Deutsche Asset Management<\/p>\n","protected":false},"author":1,"featured_media":62615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1480],"tags":[1663,1655,1651,2087,1706],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/62617"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=62617"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/62617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/62615"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=62617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=62617"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=62617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}