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- Europe’s equity markets emerged battered and bruised from a highly volatile January, recording significant losses across the board.
- The S&P Europe 350® rose or fell by more than one percent on 12 out of 20 trading days over the month; the resulting loss of 6.3% puts the benchmark within a whisker of official “bear market” territory.
- Towards month end, hints of an impending and increased stimulus from Europe’s central bank, and a last-day surprise from the Bank of Japan, meant that once again fiscal stimulus provided grounds for optimism.
