European equities open higher to start the day

However, much of the optimism has waned over the past hour

  • Eurostoxx +0.9%
  • Germany DAX +0.8%
  • France CAC 40 +1.2%
  • UK FTSE +1.1%
  • Spain IBEX +1.0%

It is the same case for US futures, which are up by 2.4% currently, shaving off some of the more than 3% gains earlier today. Meanwhile, USD/JPY has also eased back under 104.00 while USD/CHF is sitting back just under 0.9300 as well.

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