Adding to this year's sentiment is
an improving economic backdrop and relatively upbeat consumer activity.
Macron's reforms to cut housing taxes paid by the French middle class could lead to further growth in demand that should drive further strong loan growth in the mortgage area, which is already benefiting from
the improving economic backdrop.
Not exact matches
The better
economic backdrop has help companies to
improve their cash flows and pay down some of their debt, experts said.
We believe the
economic and financial
backdrop for European stocks has
improved and the region is better able to weather unexpected shocks than in recent years.
In this month's Global
Economic Perspective, Franklin Templeton Fixed Income Group weighs in on the factors spurring the US Fed's decision to raise rates, why the ECB's Draghi is likely to resist calls to adopt a more hawkish line, and why the
backdrop for emerging markets has
improved.
In his Monthly
Economic Report for February, David Bakkegaard Karsbøl looks at the stand - off between Greece and the Troika, against a
backdrop of otherwise
improving Eurozone figures.