We started the week on a less positive tone. Virus news not helping the sentiment for sure with UK dominating the headlines. Number of cases and deaths continue to hit records and talks over tightening restrictions began over the weekend. European indices are all trading down although volumes suggest it is more of a pause for breath than anything else (vols down -28% vs the last 20 days). Defensives leading the way today and we are seeing Growth outperforming Value (STGP down -0.8% and STVP down -1.2%). Indices all holding their key levels for now, we are watching the EuroStoxx 50. Resistance at 3867, short term support ta 3400.
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.