Equities are keeping more optimistic on the day

  • Eurostoxx +0.5%
  • Germany DAX +0.7%
  • France CAC 40 +0.6%
  • Spain IBEX +0.6%

Elsewhere, US futures are up by 0.3% to 0.4% and that is helping to maintain a calmer mood as we get the new week underway.

In the major currencies space, the yen is keeping weaker with USD/JPY near 105.80. The key near-term level to watch for the pair will be the 200-hour moving average @ 105.95. Keep below that and sellers stay in control for now.