European equities more sluggish at the open

Little changes as the risk mood remains more tepid in the European morning

  • Eurostoxx -0.1%
  • Germany DAX -0.2%
  • France CAC 40 flat
  • UK FTSE flat
  • Spain IBEX flat

This largely mirrors the mood in US futures, which are also keeping more flat to start the day. Bond yields are a tad lower but nothing too overwhelming so that is leaving the risk mood more tepid at the moment.

As such, USD/JPY continues to hug a narrow range of just 16 pips as the pair rests at 109.44 - showing little poise to break out on the day so far.

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