European equities open a little higher to start the day

  • A bit of light optimism but it is still very early in the day
  • Eurostoxx +0.6%
  • Germany DAX +0.7%
  • France CAC 40 +0.6%
  • UK FTSE +0.3%
  • Spain IBEX +0.6%

This comes as US futures are also ticking a little higher now, with S&P 500 futures up 15 points, or 0.4%, on the day. Elsewhere, 10-year Treasury yields are a touch softer, down 2 bps to 3.724%, while the US dollar is lightly changed against the major currencies bloc after pushing a light advance in the past hour. The push and pull here isn't making for a settled narrative and that will be made more complicated by month-end and quarter-end flows before the weekend.

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