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EQUITIES: EU Bank Index recovers from the low

EQUITIES
EquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Despite the Risk Off tone, led by Tech, the Bank Index (SX7E) is doing better, trading circa flat on the day, now edging to session to close the opening gap.
  • This chart remains one of the most interesting one at the start of 2025, with the next big level seen up to 163.34, the 2014 high.
  • No surprises in seeing the Tech sector as the worst performer, (SX8P) has seen its biggest single move since 15th October, and looking to test the 800.00 level
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  • Despite the Risk Off tone, led by Tech, the Bank Index (SX7E) is doing better, trading circa flat on the day, now edging to session to close the opening gap.
  • This chart remains one of the most interesting one at the start of 2025, with the next big level seen up to 163.34, the 2014 high.
  • No surprises in seeing the Tech sector as the worst performer, (SX8P) has seen its biggest single move since 15th October, and looking to test the 800.00 level