The perfect storm it seemed today – a very thin Tuesday trading day pre U.S. CPI tomorrow felt on the cards with very little catching the eye overnight but certainly hints that there were a few things happening under the surface. We received a lot of questions and incoming on the fairly aggressive move lower in the European defence space from early in the session. Bear in mind that this sub-sector has been one of, if not the, best sectors in Europe for the past couple of years but the combined…
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