The positive risk momentum carries over to Europe in early trades
- German DAX futures +1.4%
- UK FTSE futures +1.0%
- Spanish IBEX futures +1.2%
US futures are also up by around 0.4% to 0.5% as we begin the session, so this is all helping to keep the risk-on tones in the market for now. The dollar continues to sit on the back foot, with EUR/USD sitting at two-and-a-half month highs just above 1.1200.