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Better offered ahead of Powell

EQUITIES

Estoxx and Equities futures continues to tick lower, with upside momentum, limited by the US-China escalations.

  • All EYES will be on Fed Powell later today, with some desk leaning towards a Dovish tone, given the last FOMC minutes.
  • Stoxx 600 sees Bank stocks leading losses (-1.11%), followed by real estate and Telecom.
  • SX7E is off the lows at 61.97. But further downside will eye a test at Monday's low 61.13

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