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A quick 20 points drop in Estoxx future

EQUITIES
  • No clear new trigger for that sudden 20 points drop in Estoxx Futures (VGH3).
  • A 5k lots got sold on the way down, which has helped exacerbate the move, but the lack of momentum, would suggest that the move was led by that selling order.
  • Bund is testing through the initial support at 136.66, printed 136.57 low.
  • The move lower in Govies seemed to have been Equity led, although, the build up in Corp issuance, may also be helping.
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