It’s very quiet out there and the first thing to note is we’re on track for the lowest volume week YTD and that won’t come as a surprise to anyone who’s had the short straw at working this week! The Stoxx 600 ended the day up 35bps and resumed bumping higher without too many noticing. The Euro Stoxx 50 and Stoxx 600 are back above the 200dma which is encouraging and many once again will be hoping that the Japanese CPI, Ueda testimony and Powell’s Jackson Hole testimony all pass fairly smoothly…
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