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EQUITIES: New record highs in Europe

EQUITIES
  • As expected a gap higher for European Equities and a fresh record high for the Cash Estoxx (SX5E), Stoxx600 and others.
  • One of the early 2025 interesting chart  was and still is the Bank index (SX7E), which has now broken through 160.00, with the next area of interest seen at 163.34, the 2014 high and the best level since June 2011.

(Chart source: MNI/Bloomberg).

SX7E Index (EURO STOXX Banks Pri 2025-01-24 08-07-12
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  • As expected a gap higher for European Equities and a fresh record high for the Cash Estoxx (SX5E), Stoxx600 and others.
  • One of the early 2025 interesting chart  was and still is the Bank index (SX7E), which has now broken through 160.00, with the next area of interest seen at 163.34, the 2014 high and the best level since June 2011.

(Chart source: MNI/Bloomberg).

SX7E Index (EURO STOXX Banks Pri 2025-01-24 08-07-12