Daily Snapshot

Daily Snapshot – 14 February 2024

“One bad day doesn’t make a trend” chimed Ben Denney as we picked up the pieces from yesterday’s fairly lively session but the overall theme for this week remains in Europe – low volumes. It’s very hard to judge what the true market reaction to the various moving parts this week would have been when volumes in Europe have dropped significantly from last week and the rest of the year. Yesterday’s c90% down day in the U.S. was followed by a c75% up day so clearly there is still a lot of chopping…

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