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Futures and Cash Indices recover from the lows

EQUITIES
  • Estoxx futures (VGM4) has recovered and is now testing session high, although the Index is still short of Yesterday best level of 4970.0, now at 4957.00.
  • In Cash Stoxx600 (SXXP), Consumer products and Services sector has recovered from the low after seeing a lower opening Gap, led by Luxury Goods on revenue warnings.
  • SXXP is now closer to flat on the day, with Chemicals, Utilities, Media and Tech the leading sectors.

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