After seeing some fairly hefty moves yesterday (mostly on the news that Spain will be open for tourists from July), today was always going to be an interesting session. European equities are definitely holding up since the open and encouragingly, this time on high volumes. Spanish names seem to be the favourites with vols up +72% vs the last 20 days. Positive news on Remdisivir’s trial are supporting the cause. Same as comments from the Bank of France Governor, which suggest that we could see more stimulus coming (next ECB meeting week is on the June 4th).
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