Free Trial

European Equities are extending higher

CROSS ASSET
  • Dip buying in ERH4 in over 5k and German Schatz in over 5k also, as European equities (VGZ3) print that next immediate resistance of 4446.00, the 10th August high.
  • A clear break past the latter and upside momentum would open to 4500.00 High 1.
  • Banks (SX7E) are also gaining, highest since March.
  • The next big step would be at the 119.73, March double top, and highest print since 2018, now trading at 118.19.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.