European equities hint at a more tepid mood at the open

  • Stocks not looking too hot to start the new week
  • Eurostoxx -0.1%
  • Germany DAX flat
  • France CAC 40 -0.2%
  • UK FTSE -0.4%
  • Spain IBEX +0.1%
  • Italy FTSE MIB -0.1%

Amid a more tentative and tepid risk mood, the US dollar is finding slightly firmer footing to start the session. USD/JPY is up 0.2% to 147.03 while AUD/USD is down 0.5% to 0.6635 at the lows for the day currently. This comes as Treasury yields inch slightly higher, with 10-year yields up 3.5 bps to 4.258% currently.

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