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Europe lead stocks lower

EQUITIES
  • Not seen a clear driver for the Risk Off tone that started in Europe since the EU cash open
  • Travel/Leisure and Tech are the underperformers, down circa 4% in Stoxx600.
  • VGM2 test the 18th March low, right here at 3735.
  • Below the latter, sees 3688.5
  • US are getting dragged by Europe, following a weaker US cash open.
  • ESM2 eye next support at 4452.75 50-day EMA

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