European equities off to a softer start to the day

US-Iran tensions continue to weigh on equities

  • Eurostoxx -0.6%
  • Germany DAX -1.0%
  • France CAC 40 -0.7%
  • UK FTSE -0.5%
  • Spain IBEX -0.6%

Investors can look towards energy stocks for some reprieve but the overall mood is one that is more negative as markets continue to stay focused on US-Iran tensions. That said, the situation is a little mixed as bonds have pared earlier gains from Asia Pacific trading.

That is creating for a bit of a complicated mood to start the European morning with the Japanese yen failing to gather bids despite the softer risk mood today.

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