European stocks a touch higher at the open today

  • The overall risk mood is more tepid though for now
  • Eurostoxx +0.2%
  • Germany DAX +0.2%
  • France CAC 40 +0.1%
  • UK FTSE +0.2%
  • Spain IBEX +0.1%
  • Italy FTSE MIB -0.3%

The changes are lightly positive, following the gains in Wall Street yesterday. However, overall sentiment is less enthusiastic with US futures marked down by roughly 0.1%. Some trepidation ahead of the Fed tomorrow? Or perhaps month-end flows are starting to come into the picture? That is not to mention that lower bond yields is also an opposing factor in play currently.

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