Eurostoxx futures +0.8% in early European trading

  • European indices set for a positive open today
  • German DAX futures +0.7%
  • UK FTSE futures +0.6%
  • Spanish IBEX futures +0.6%

This is largely building on the gains from Wall Street yesterday, with the overall mood also cautiously optimistic today as investors turn their attention to the US CPI report later. S&P 500 futures and Nasdaq futures are up 0.2%, while Dow futures are up 0.1% on the day.

Despite the light optimism, FX is little changed for the most part as major currencies are staying more subdued to start the session.

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