Another session in the green after a positive call between US and China. Volumes slowly improving as we saw all EU indices trading above their 1d, 5d and 10d AVAT levels for the first time in a long time (though they have been slowing down throughout the session). We are seeing Spain outperforming (IBEX up +1.2%, vols up +27% vs yesterday) and the UK underperforming (FTSE -0.3%, made new intra-day all-time rel low vs the SXXE). Sector wise, Travel and Leisure currently on top (supported by recent optimism over a covid vaccine) with IAG leading the way (IAG LN +5%). Chemicals amongst the losers having made an all-time intra-day relative high vs the SXXP yesterday.
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