Recorded at 10am GMT / 5am Eastern Time

• Europe +0.5% but on very low volumes

• Narrative on virus over weekend much improved

• Rotation a big theme in the US on Friday – we discuss why US energy bid vs EU energy

• Crude still a focus with front month WTI -20%...

• Focus growing on ECB and banking sector ahead of Eu summit later this week

• Reporting season peak is on us, 130 of the Stoxx600 report this week – similar percentage report in the US

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