Coupled with a rise in a separate eurozone economic sentiment indicator, published on Tuesday by the European Commission, the data are the latest to confound expectations of a sharp drop following the Brexit vote.
It’s been a volatile few weeks in the markets following the decision by UK voters to leave the European Union, so here’s a quick reminder of how events have panned out since that historic day, and how Quilter Cheviot has positioned client por
Aviva has been through worse shocks, having limped through the financial crisis, and suffered a shareholder rebellion that led to Mark Wilson joining to lead a turnaround in 2012.
After a spike in volatility in the wake of the June 23 referendum, financial markets have returned to a relative calm, but economists have warned the full economic effect of the Brexit vote may have yet to materialise.
London currently holds the top spot, while Luxembourg, Paris and Vienna rank third, fourth and fifth respectively.
The point of concern, they told the Bank of England's Prudential Regulation Authority, is how to treat retail operations in the Republic of Ireland and other EU countries.