Trump Win Would Pose Threat to European Stocks, Goldman Says
- Germany’s DAX, MDAX, some Europe cyclicals could be vulnerable
- Trump edges closer to Republican presidential nomination
Donald Trump arrives to a New Hampshire primary election night watch party in Nashua, US.
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A scenario in which Donald Trump is elected US President would heighten risks across large parts of Europe’s stock market, Goldman Sachs Group Inc. strategists said.
Germany’s benchmark DAX Index, its mid-cap MDAX Index and economically-sensitive cyclical sectors in the region— like industrials, chemicals and autos — would be the most exposed in the event of victory for the Republican candidate, a team led by Sharon Bell wrote in a note.