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Drifting to their session lows

EQUITIES
  • Small leg lower in the Emini, seems to be catching up with the Estoxx futures (VGM4).
  • Not seen any clear sudden catalyst, nor any standout orders in terms of flow.
  • Equity Desks, have not reported anything too obvious, with some desk likely looking to take some profit going into the US session.
  • The move in Emini is still fairly tiny, with the Index still trading in a 11 points range and still overall closer to its record high.
  • The pullback has been more noticeable in the Estoxx (VGM4), likely driven by orders flow.
  • Small support seen at 5047.00 has held, printed a 5047.00 low.
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