Positive start on the official openings for European equities 1 Aug 2016
- FTSE +0.5%
- DAX +0.9%
- CAC40 +0.7%
- FTMIB +0.7%
- IBEX +1.0%
Euro on the back foot a little on the stronger equity/softer funding ccy euro correlation.
General USD demand also being seen with GBPUSD down to 1.3238 and USDJPY nudging higher at 102.50
