European equities open a little lower to start the week

The mild positive tones are gone now

  • Eurostoxx -0.2%
  • Germany DAX -0.1%
  • France CAC 40 -0.3%
  • UK FTSE -0.1%
  • Spain IBEX -0.4%
  • Italy FTSE MIB -0.1%

The cautious tones are slowly turning into a bit of a negative one as we begin the session here in Europe. Of note, S&P 500 futures have also pared almost all of its earlier gains to turn near flat now:

So far ther hasn't been much reaction in currencies though. USD/JPY is still trading at 113.40 levels at the moment but watch out for any further negative sentiment in equities as that will provide more clues for the yen ahead of US trading.

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