European equities open higher to kick start the day

  • Stocks remain hopeful ahead of the US CPI report
  • Eurostoxx +0.7%
  • Germany DAX +0.4%
  • France CAC 40 +0.9%
  • UK FTSE +0.1%
  • Spain IBEX +0.7%

This mirrors the slight rebound in US futures after the losses in Wall Street yesterday. S&P 500 futures are up 0.5%, Nasdaq futures up 0.6%, and Dow futures up 0.4% at the moment. The overall risk mood is looking more positive but will that be validated by the US CPI report later? Only time will tell.

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