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Equities pare gains

CROSS ASSET
  • Estoxx (VGU2) tick lower, with Bonds paring losses.
  • Treasuries have reversed the early decent selling seen after the European cash Govie open.
  • Bund is heading back towards the upper end of the range, but still in the red.
  • Resistance for Bund is eyed at today's high 155.87.
  • Stoxx600 is just 0.27%, after fading the higher cash open.
  • Leading stocks are Basic resources, Construction and Real estate. Early losers are Telecom and Utilities.

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