Two Fifteen

Two Fifteen – 25 November 2020

After a strong day for all markets yesterday, today’s session has been more mixed. Asia ticked higher early doors but gave up most of the gains into the close this morning. Europe not too dissimilar with all indices popping at the open but ticking lower shortly after. Nothing alarming though, some have recovered since (FTSE MIB +0.7) and the reality is that they are all still trading above the key levels. IBEX above 8000, EuroStoxx50 bang on 3500 and FTSEMIB above 22000. FTSE 100 the one lagging (mainly financials putting the pressure), key level to watch at 6500. US futures currently flat (ES1 -0.06%) – will be interesting to see how their session goes.

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