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Bank stocks at new session high


SXE7 makes another new session high, with last year's pre pandemic high coming in sight at 102.81, now at 98.40.

  • Earlier comment from Villeroy on dividend likely helping "Restrictions on Banks dividend can and should be lifted from next September".
  • We noted decent amount of upside option structure in SXE7 this week.
  • In Stoxx600, Banks stocks are up 29.78% YTD

Chart source: Bloomberg

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