European equities open slightly higher to start the day

  • Slight gains as euro area bond yields fall following the French and Spanish inflation data
  • Eurostoxx +0.2%
  • Germany DAX +0.2%
  • France CAC 40 +0.4%
  • UK FTSE +0.2%
  • Spain IBEX flat
  • Italy FTSE MIB +0.3%

European indices can take comfort from the softer inflation readings from France and Spain. But the overall market mood is more tentative, with US futures sitting 0.1% lower currently. In FX, the dollar is keeping just a little higher across the board except against the yen as seen here.

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