European equities open higher to kick start the day

  • The optimism holds as the session gets underway
  • Eurostoxx +0.9%
  • Germany DAX +0.9%
  • France CAC 40 +1.0%
  • UK FTSE +0.6%
  • Spain IBEX +1.1%

European bank stocks are also faring better on the day as markets are breathing a sigh of relief. S&P 500 futures are up 12 points, or 0.3%, and we are seeing the Japanese yen move lower as bond yields are holding higher to start the session. USD/JPY is now up 0.5% to 132.00 on the day.

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