We have been in this 4200-4400 c5% range for the Euro Stoxx 50 since March 29th of this year. Broadly speaking 5 months (or c110 sessions) of sideways movements for what is considered the barometer for European large cap equities. This has drained enthusiasm, idea generation and trading volume amongst many other things throughout the already ordinarily quiet summer months. There are some exceptions given the likes of Europe’s newly crowned largest stock – Novo Nordisk which is Krone denominated…
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