European equities kick start the day on a more positive note

  • Modest gains at the open as US futures are also holding higher
  • Eurostoxx +0.4%
  • Germany DAX +0.3%
  • France CAC 40 +0.5%
  • UK FTSE +0.9%
  • Spain IBEX +0.4%
  • Italy FTSE MIB +0.4%

The overall risk sentiment is looking more optimistic as the session gets underway. But we'll have to see how traders react to the US CPI data later to really get a sense of things. For now at least, they are sticking with a rebound following the drop yesterday. S&P 500 futures are also seen up 0.4% currently.

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