"Sell Everything European!" The Third Largest Sell-Off in a Decade as Capital Surrenders Across the Board

Wallstreetcn
2026.04.03 23:55
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Goldman Sachs data shows that the net sell-off of European assets last month recorded the largest single-month decline since March 2025, with a short-to-long ratio reaching 2.2 to 1. JP Morgan data indicates that European aggregate positioning has fallen to its third-lowest level since 2015, with CTA reduction magnitudes at historical extremes. The skewness in the euro options market continues to decline, as the market broadly bets on a downward move for the euro, signifying a clear trend of systemic risk aversion