Light gains at the open as European stocks come to play today

  • The optimism sticks for now but overall risk sentiment remains slightly cautious
  • Eurostoxx +0.1%
  • France CAC 40 +0.2%
  • Germany DAX +0.1%
  • UK FTSE -0.5%
  • Spain IBEX +0.1%
  • Italy FTSE MIB +0.2%

Mining stocks are proving to be a drag for the UK FTSE after Glencore reported a 50% fall in profits. Besides that, there is just some tentative optimism for European indices to start the day. Looking to US futures, the mood is more subdued with S&P 500 futures seen down 0.2%. Investors are cautious awaiting the Fed minutes as well as Nvidia earnings after the close today.

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