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Positive cash open


European cash Equities open in the green, with small bid spilling over into the futures contract.

  • Early leaders in the Stoxx600 are Tech, Retail and Energy.
  • Estoxx futures (VGM1) is up 28 points, ahead of short term resistance seen at 3932 (38.2% retrace of the 2.73% April fall)
  • Despite the better bid in Risk, USD is seeing better buying in G10, albeit within overnight ranges

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