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EQUITIES: Extending early losses

EQUITIES
EquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Estoxx and the Emini futures have drifted back into red territory, nothing big in terms of moves.
  • Overall, zooming out of the chart, the Emini (ESZ4) is still very close to its record high printed Wednesday when it found some fading interest after spiking into overbought territory.
  • Early focus is on the CAC40, after France unveiled its Budget, that will include temporary levy on 440 firms, and Tax on shipping companies over two Years.
  • Still, High Council of Public Finance, an independent fiscal oversight body, sees the Target deficit as too Optimistic.
     
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  • Estoxx and the Emini futures have drifted back into red territory, nothing big in terms of moves.
  • Overall, zooming out of the chart, the Emini (ESZ4) is still very close to its record high printed Wednesday when it found some fading interest after spiking into overbought territory.
  • Early focus is on the CAC40, after France unveiled its Budget, that will include temporary levy on 440 firms, and Tax on shipping companies over two Years.
  • Still, High Council of Public Finance, an independent fiscal oversight body, sees the Target deficit as too Optimistic.