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EQUITIES: Estoxx future breaks Friday's low

EQUITIES
  • Some small downside momentum in Estoxx futures (VGZ4) as it breaks through Friday's low.
  • Similar to what is seen across in Govies, volumes are on the lighter side, and doesn't take much in terms of order size to move the contract.
  • Support moves back up to 4757.00 and a clear break through would highlight a test down to the 4700.00 figure, but the move may be somewhat limited, given the lack of data or risk events for today.
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  • Some small downside momentum in Estoxx futures (VGZ4) as it breaks through Friday's low.
  • Similar to what is seen across in Govies, volumes are on the lighter side, and doesn't take much in terms of order size to move the contract.
  • Support moves back up to 4757.00 and a clear break through would highlight a test down to the 4700.00 figure, but the move may be somewhat limited, given the lack of data or risk events for today.