European equities off to a good start today in catch up play

  • Modest gains as Europe plays catch up to the Wall Street rise overnight
  • Eurostoxx +0.8%
  • Germany DAX +0.9%
  • France CAC 40 +0.8%
  • UK FTSE +0.5%
  • Spain IBEX +0.4%

The positive jump sees the DAX open at fresh highs since January and is closing in on its record highs at 16,285-90 at the moment. Looking at the broader picture, the overall mood is more tentative with US futures sitting little changed at the moment. In FX, the dollar remains in a good spot to start the session as it has so far this week.

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