Little change observed in European stocks to start the morning
- Eurostoxx flat
- Germany DAX +0.1%
- France CAC 40 flat
- UK FTSE +0.1%
- Italy MIB flat
This comes despite a little bit of a surge higher in US futures, owing to a reported large order coming through - around $1.5 billion - in the past hour. In turn, that is also keeping bond yields a little more upbeat at the moment with US 10-year yields up 1.2 bps to 1.844%.
Markets are keeping a steadier footing as we begin European trading and that is keeping risk assets a little more buoyed with USD/JPY close to 109.00 and gold down by 0.5%.
