After a last minute rally in the US overnight (as the White House prepares for further stimulus), EU equities followed and are currently set to finish the week on a positive note. Volume wise, they have been rather poor despite having expiries today (CAC the exception). Nearly all indices are trading below their turnover AVATs – doesn’t look like there is any real conviction to the bounce, does it? Good news from the Eurostoxx futures though, which are back trading above the 2745 support after making an all-time low yesterday (phew!).
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