Let’s get straight to it – a soft tape following poor moves in the aftermarket post results from Tesla, Alphabet and LVMH and a move lower from Nvidia so it felt like a tricky day to update the market from the outset and it proved to be with the Stoxx 600 ending the day -60bps. We’ve broadly been quiet on the data front this week but there was also some soft Eurozone PMI data which had Manufacturing lower at 45.6, down slightly from 45.8 in June whilst services also fell. This followed material…
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.