Two Fifteen

Two Fifteen – 22 July 2020

I have been off for the past two days getting some Vitamin D! Seems I missed the EU Bill finally being signed and a few earnings but not much else. European equities pretty much flat vs Friday’s close with the Stoxx 600 currently +0.1% and the Stoxx 50 +0.3%. Germany still the clear outperformer (DAX up +1.5% vs Friday’s close, still holding above 13000 and it made a new all-time high vs SXXE again earlier today) and the UK remains the laggard (FTSE -1.2% Fri close too). We are seeing lower volumes across the board so hopefully tomorrow’s busy earnings session motivates investors a little more.

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