Eurostoxx futures +0.3% in early European trading

  • A slight advance eyed after the gains in Wall Street yesterday
  • German DAX futures +0.3%
  • UK FTSE futures +0.5%

UK stocks in particular look buoyed as the poor retail sales data perhaps highlights an urgency for the BOE to start loosening monetary policy. Besides that, the gains aren't much although S&P 500 futures are seen up 0.1% currently. However, do keep an eye out on the bond market as that could still come back to bite at broader sentiment in the session(s) ahead.

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