European equities open higher to start the day

  • A more positive vibe after the slump yesterday
  • Eurostoxx +0.6%
  • Germany DAX +0.3%
  • France CAC 40 +0.7%
  • UK FTSE +0.8%
  • Spain IBEX +0.6%

The optimism here takes its cue from US futures, which are seeing a modest bounce after the selloff yesterday. As much as things are looking positive, just be mindful that hawkish central bank undertones are continuing to reverberate and there is also the specter of the US non-farm payrolls release still to come later today.

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