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CROSS ASSET: Estoxx futures tests initial support

CROSS ASSET
EquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Govies are totally unmoved from the PMIs, with the main focus on the US IJC and ISM services/price paid today, these will be the potential market movers.
  • Volumes are nonetheless above average for Bund, with next support still eyed at 134.79.
  • The notable moves are in Equities, as the Estoxx fell some 40 points in the past hour, since the Cash open.
  • Immediate support in VGZ4 is at 4932.00, printed a 4933.00 low so far today.
  • Worst performing sectors in Stoxx600 are Auto&Parts, and Basic resources, and next support in the index is seen further out, down to 513.28, now trading at 517.16.
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  • Govies are totally unmoved from the PMIs, with the main focus on the US IJC and ISM services/price paid today, these will be the potential market movers.
  • Volumes are nonetheless above average for Bund, with next support still eyed at 134.79.
  • The notable moves are in Equities, as the Estoxx fell some 40 points in the past hour, since the Cash open.
  • Immediate support in VGZ4 is at 4932.00, printed a 4933.00 low so far today.
  • Worst performing sectors in Stoxx600 are Auto&Parts, and Basic resources, and next support in the index is seen further out, down to 513.28, now trading at 517.16.