February has already been quite a long month just 3 days in. Trump is really getting going and its fairly tiring trying to keep up with it all. Earnings in Europe once again took the spotlight and outside of that the broader picture feels quite tentative. We’ve had a good start in 2025, consolidating a bit here and trying to find the next catalyst but it seemed the market was quite happy with that backdrop with the Stoxx 600 ending the day at the highs but only +50bps. A big theme that remains…
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