Eurostoxx futures +1.4% in early European trading

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.

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