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EQUITIES: Cash Estoxx breaks above 5100.00, CAC40 is also up 2%

EQUITIES
  • It is worth keeping an eye on the SX5E, looking to break back above 5100.00 (testing now), some of the best traded level since June.
  • Further upside traction would open to 5121.71, the April high, and best level since November 2000.

(Chart source: MNI/Bloomberg)

SX5E Index (EURO STOXX 50 Price  2025-01-16 10-33-24
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  • It is worth keeping an eye on the SX5E, looking to break back above 5100.00 (testing now), some of the best traded level since June.
  • Further upside traction would open to 5121.71, the April high, and best level since November 2000.

(Chart source: MNI/Bloomberg)

SX5E Index (EURO STOXX 50 Price  2025-01-16 10-33-24