European equities mildly higher to start the day
A very light positive tilt at the open
- Eurostoxx +0.2%
- Germany DAX +0.2%
- France CAC 40 +0.1%
- UK FTSE +0.1%
- Spain IBEX +0.1%
The DAX opened strongly with around 0.5% gains but that has quickly been pared back in the first few minutes as the risk mood remains more tepid overall. US futures are still down by about 0.2% to 0.3% and that is keeping investors more cautious for now.
In the major currencies space, the dollar is still more bid with AUD/USD keeping at the lows around 0.6854 and EUR/USD holding just above 1.1200.