European equities hold higher at the open today

  • Stocks keep the rebound from yesterday
  • Eurostoxx +0.5%
  • Germany DAX +0.5%
  • France CAC 40 +0.7%
  • UK FTSE flat
  • Spain IBEX +0.4%

For UK stocks, the hot wages data earlier is weighing as it vindicates more BOE rate hikes - which threatens to make it hard for the economy to achieve a soft landing.

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