European Stocks Pushed Higher by Bank Shares

The video discusses the performance of industry groups, highlighting the rise of most groups except basic resources. It focuses on Wirecard's stock upgrade by Barclays, noting its strategic position and price target increase. UniCredit's potential strategic moves, including an IPO, are explored. The video concludes with an analysis of UK economic data, showing a slowdown in unsecured lending and mortgage approvals, with implications for the post-Brexit economy.

Which industry group is not rising today according to the transcript?

• Household goods

• Basic resources

• Technology

• Healthcare

What was the new price target set for Wirecard by Barclays?

• €58

• €44

• €60

• €50

What strategic option is UniCredit considering for its asset management unit, Pioneer?

• Merging with another bank

• Closing the unit

• Launching an IPO

• Selling to a competitor

By how much did UK unsecured lending rise in July?

• £2 billion

• £1 billion

• £1.6 billion

• £1.2 billion

What was the impact of the tax hike on investment properties in the UK?

• Increased property prices

• Increased mortgage demand

• Decreased mortgage demand

• No impact on mortgage demand