Eurostoxx futures +0.4% in early European trading

  • Slightly firmer tones in early trade
  • German DAX futures +0.3%
  • UK FTSE futures +0.3%

This takes a bit of a cue from the gains in Wall Street overnight. Overall market sentiment today is more tentative with US futures little changed while 10-year Treasury yields are down just slightly by 1 bps to 3.60%. In FX, major currencies aren't doing a whole lot with the dollar slightly lower although narrow ranges are still prevailing.

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