European equities open higher to start the day

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European equities open higher to start the day

Eurostoxx +0.5%Germany DAX +0.5%France CAC 40 +0.3%UK FTSE +0.5%Spain IBEX +0.4%The positive vibes are keeping with the better close in US stocks yest

  • Eurostoxx +0.5%
  • Germany DAX +0.5%
  • France CAC 40 +0.3%
  • UK FTSE +0.5%
  • Spain IBEX +0.4%

The positive vibes are keeping with the better close in US stocks yesterday and the more optimistic tone in tech futures so far on the day. S&P 500 futures are up 0.5%, Nasdaq futures up 1.1%, though Dow futures are down slightly by 0.1% currently.

The overall risk mood is holding up for the most part with the dollar slightly on the backfoot as we get things going on the session.

EUR/USD is up 0.2% to 1.1288 as we see some extension to the narrow ranges from earlier, as buyers start to eye a test of the 1.1300 handle.

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