Two Fifteen

Two Fifteen – 23 April 2020

Right into the mix now in earnings season as we heard from multiple companies across different sectors. Oil erased some of its recent losses overnight, which has brought some positivity back to the market (CL1 16.69 and CL2 22.62). We are seeing a slight pickup in volumes as well but overall they are still quite low vs last week. Investors’ focus remains on the EU Council meeting at 2pm this afternoon so keep an eye on it. European equities have been trading mixed since the open with 11 of its sectors trading in the green. Banks are amongst the winners and Retailers are leading the losers.

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