Flattish tones observed to start the day

  • Eurostoxx +0.2%
  • Germany DAX +0.2%
  • France CAC 40 +0.1%
  • UK FTSE flat
  • Spain IBEX flat

There isn't much enthusiasm in markets so far today as investors continue to take in the US-China Phase One trade deal signing and details from yesterday. US futures are up by ~0.2% while bonds are also keeping more flat to begin the session.

As such, the overall risk mood remains more measured with USD/JPY still lingering just under the 110.00 handle - trading in a 13 pips range so far today.