TRADING IDEAS UPDATE

TRADING IDEAS UPDATE:

  • LONG: Commerzbank, Arm Holdings, Peugeot, BAE, Sanofi, Schneider Electric Sky Deutschland, Tele2, Atos
  • SHORT: Tesco, Edenred
  • MACROVIEW: We are still bullish on the market and Europe outperforming the U.S. in particular. This week’s European PMIs confirmed expansion at an increasing rate. Our macro view remains unchanged from our year ahead piece (see 2014 Ideas)