Market Fragility Hits All Time High Just As Earnings Kick Off

By Michael Msika, Bloomberg Markets Live reporter and strategist

Subdued equity volatility at the index level, despite the latest Iran war headlines, offers investors an opportunity to hedge into a tricky looking summer. Thursday’s limited rebound in the Stoxx Europe 600 Index after three days of losses was a clear signal that investors who had started to fully price the end of the conflict were having second thoughts.