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EU Bank sector under renewed pressure

EQUITIES

EU Bank sector is seeing further lows, the worst performer within the Stoxx600, down 2%, also weighing on the CAC40.

  • SX7P eye the next support at 194.19.
  • SX7E would see next support at 138.84, the 23.6% retrace of the October 2023/May 2024 rally.
  • In Futures, CAM4 could see a test to 138.65, May's low.
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EU Bank sector is seeing further lows, the worst performer within the Stoxx600, down 2%, also weighing on the CAC40.

  • SX7P eye the next support at 194.19.
  • SX7E would see next support at 138.84, the 23.6% retrace of the October 2023/May 2024 rally.
  • In Futures, CAM4 could see a test to 138.65, May's low.