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Stoxx600 holds onto gains

EQUITIES
  • Stoxx600 is still in the green, although has somewhat faded off its best levels, still up 0.15% for the session.
  • Best performer is Basic resources, up 1.92%.
  • Looking at Banks, SX7E made a new 4.5yr overnight, but has given back some gains throughout the early European session.
  • Next resistance is seen towards 122.13.
  • Most of the action starts from tomorrow in Europe, with FR/GE/EC/UK prelim services PMIs, and German ZEW.

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