I was tempted to take a leaf out the Fed’s book today and ‘skip’ the Snapshot today but, having been on calls with Melissa the message is definitely that the decision was unwise for the Fed to do so, I’ve taken that advice to be inclusive of the Snapshot. Europe just isn’t that exciting vs the rest of the market right now which is at least showing a few hints of life, movement, positional shifts, sentiment changes. We tend to close flat or very close to (last 6 sessions have been within 60bps o…
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