Quel dommage! European equities have taken a body shot from the British government overnight as they announced plans to impose quarantine restrictions on France and Holland early tomorrow morning. Travel & Leisure names have led the region lower, with all sectors trading in the red. Volumes are up almost 35% against yesterday, but before getting too concerned that’s compared to almost non-existent participation. In a wider context, European volumes are still down 15% vs their 20d AVAT, so not exactly a crowning achievement.
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