November 27, 2022

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Risk stays on the softer side so far on the session

1 min read

Equities keep at the lows in European morning trade

European indices are bleeding by over 1% to 1.5% as risk sentiment stays on the defensive, with US futures also not painting a pretty picture thus far:

SPX

Inflation fears are what many are pointing to but after having hit record highs in recent weeks, there is perhaps an argument for a breather of sorts.

If anything, I’d argue that the latest developments just injects an added degree of volatility – so perhaps that might not be to the liking of some investors.

Elsewhere, crypto is seeing a bit of a bounce but it isn’t much to shout about. Bitcoin has recouped some losses from a low of $38,500 to $40,500 currently.

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