Positive economic data, moderating inflation levels and the European Central Bank (ECB) finally adopting a dovish stance paint a rosy picture for investments in the EU. Ankit Gheedia, head ofhead of equity strategy at BNP Paribas, as quoted on CNBC, had the same belief as Maximilian Uleer, forecasting Europe securities to surpass U.S. performance the next year. The European Central Bank countered expectations of imminent interest rate cuts by focusing on fears of price pressures remaining strong.