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EQUITIES: European Bank sector is leading the Rally in European Equities

EQUITIES
  • Banks (SX7E)  are again leading the Risk on Tone, now up 1.43%, OAT/Bund spread tightens 3.2bps and is looking to test 80bps.
  • There hasn't been any new News on on France, the non confidence vote was well priced.
  • Resistance in SX7E is at 144.69.
  • While for the Etoxx (VGZ4), The November high sits at 4961.00, now trading at 4950.00.

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