Stocks in Europe are a little higher as we begin the morning
- Eurostoxx +0.2%
- Germany DAX +0.2%
- France CAC 40 +0.2%
- UK FTSE +0.3%
- Italy MIB +0.2%
As mentioned earlier, the gains are bit part to do with some relative catch-up to overnight trading as US equities pared losses going into the close. The overall risk mood on the day remains more cautious/tepid at the moment.
US futures are up by 0.1% but Treasury yields are essentially flat across the curve, so there isn't much for traders to work with in the currencies space either.