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EU Bank stocks target the 2023 high

EQUITIES
  • Although cash equity leads in Europe, futures contract are finding some offers, while higher Govie Yields support Bank stocks.
  • EU Bank stocks (SX7E Index) print a fresh high, and desks will be keeping a close eye at the February/March double top of 119.73, tested a 119.71 high in December.
  • That 2023 high was also the highest print since May 2018.

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