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Stoxx600 could target the record high

EQUITIES
  • VGM4 is lifted in 5k, after the cash SX5E gaps higher on the open, but still some way short short of 5053.00, the initial area of interest for SX5E.
  • Also worth keeping a close eye on the Stoxx600, which is back above 515.00 ahead of the record high printed on the 2nd April at 515.77.

Chart source: MNI/Bloomberg.

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  • VGM4 is lifted in 5k, after the cash SX5E gaps higher on the open, but still some way short short of 5053.00, the initial area of interest for SX5E.
  • Also worth keeping a close eye on the Stoxx600, which is back above 515.00 ahead of the record high printed on the 2nd April at 515.77.

Chart source: MNI/Bloomberg.