European equities start the day on a more positive note

  • Modest gains at the open in catching up to the gains in Wall Street yesterday
  • Eurostoxx +0.8%
  • Germany DAX +0.7%
  • France CAC 40 +0.6%
  • UK FTSE +0.2%
  • Spain IBEX +0.6%

This comes as US futures are also now ticking higher right after the open here in Europe. S&P 500 futures and Nasdaq futures are both up 0.2% while Dow futures are up 0.1% on the day. There's a bit of a dip buying theme so far to start the new week, which runs against the sell-on-rallies theme in the previous three weeks in August. A calm before the storm perhaps?

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