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EU Banks edge higher

CROSS ASSET
  • The Dollar pares overnight gains, while Govies recover from their lows as the US joins the session.
  • Volumes and turnovers remains on the low side, and the data calendar is on the lighter side this week, besides US Non Farm on Friday, but the US data will be released while most markets will be closed for the long Bank holiday.
  • Not much in terms of technical at current levels across assets, but EU Bank stocks (SX7E) are still doing well this morning, with next resistance eyed at 105.67 for SX7E, now trading at 103.60.

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