European indices lightly changed to start the session, US futures grind higher

  • The risk backdrop holds more positive as we get things underway in Europe
Stocks Equities Europe IL
  • Eurostoxx flat
  • Germany DAX +0.1%
  • France CAC 40 -0.1%
  • UK FTSE flat
  • Spain IBEX -0.2%
  • Italy FTSE MIB flat

It's mostly tech shares once again that are the ones moving, with S&P 500 futures now moving up 0.6% with Nasdaq futures up 0.9% on the day. As such, that is not leaving much to work with for the less tech-centric indices in Europe. In any case, the recovery bounce we're seeing in US futures is helping to keep the risk mood more positive at least. Bitcoin is also seen up 1.7% to $95,773 now in erasing the weekend fall.

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