European equities open higher to start the day

  • Calmer risk tones to get the session underway
  • Eurostoxx +0.4%
  • Germany DAX +0.3%
  • France CAC 40 +0.5%
  • UK FTSE +0.6%
  • Spain IBEX +0.5%

This mirrors the slightly more positive mood in US futures, which are up about 0.3%. So far, the market is keeping steadier and calmer after light jitters yesterday. In the bond market, 10-year Treasury yields are up 1 bps to 1.434%.

In FX, the dollar continues to keep steady with mild gains observed against the euro, yen and pound.

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