Two Fifteen

Two Fifteen – 28 July 2020

A calmer day after the last couple of sessions. EU equities opening solidly but drifting lower as the session progressed. Worries over the virus obviously still at the back of investors’ minds and despite having a morning full of earnings, it doesn’t feel as busy as it should. We are seeing lower volumes across the board and all indices are still trading below their 20d AVATs. Even gold is (finally) having a down day.

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