The European market is attractive to investments, despite the expectation of the euro increase

JP Morgan Chase & Co believes that the European market will maintain its attractiveness despite any expected rise at the price of the euro against the dollar, according to the managing director and head of the company’s multiple asset strategy division John Bolton. In an interview with ‘Al -Sharq’, Bolton explained that ‘the profits of European businesses are a candidate to rise in 2026 and 2027, and Europe has become much more attractive, especially for those investing in the medium and long term,’ added that ‘the euro in terms of the dollar is less than the fair value, which is 10 points of equity. As far as the US market is concerned, Bolton revealed that the company elected selectivity in its investments, saying: “We desperately the financial sector linked to the interest rate reduction course, and we also have an interest in the technology and communication sector, while questioning the industrial sector where the rays and the impact of customs will be.”