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Estoxx futures edges above Friday's high

EQUITIES

Thin liquidity helps exacerbate the moves here.

  • Bunds dropped a quick 12 ticks, as Estoxx futures rally.
  • No new headlines or trigger.
  • Overall so far PMI have been on the positive side, could be a short term contributor.
  • Hearing very little from RM, and most likely FM play.
  • Stoxx600 sees Consumer product and services, Tech, and insurance the early leaders.
  • VGM1 edges above the Friday high, and next initial resistance comes at 3980, now trading at 3968.

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