Eurostoxx futures +0.7% in early European trading

  • A decent bounce as risk holds steadier in early trade
  • German DAX futures +0.8%
  • UK FTSE futures +0.4%

This keeps in tune with US futures, which are also seen higher on the day. S&P 500 futures are up 20 points, or 0.5%, as we see a bit of relief after the recent selloff since Wednesday last week. The technical picture is still on the ropes though, as pointed out earlier here.

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