European stocks slightly higher to start the day

  • A slight positive mood as the session gets underway
  • Eurostoxx +0.3%
  • Germany DAX +0.1%
  • France CAC 40 +0.3%
  • UK FTSE +0.1%
  • Spain IBEX +0.8%

The mood music is looking more optimistic with S&P 500 futures also seen up a touch by 10 points, or 0.26%, currently. This comes amid a bid in bonds as well with 10-year Treasury yields seen down 7.6 bps to 3.477% on the day. The drag in yields is weighing on the dollar as we see the greenback losing ground across the board to start the session.

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