Well that was a hell of a week! After yesterday’s records falls, today sees the fightback with the STOXX600 up over 7%, the biggest move since Nov 2008! We walked in to short selling bans in (Italy, Spain, S Korea, Germany contemplating), more stimulus headline, various governments offering pretty much unlimited billions to fight coronavirus. Flow wise, we are better buyers overall (with only few sell tickets on the pad) so let’s see if the trend continues throughout the day, especially when the US comes into action.
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