European equities not showing much enthusiasm to start the day

Author: Justin Low | Category: News

Mildly softer risk tones observed to start the morning

  • Eurostoxx -0.1%
  • Germany DAX -0.3%
  • France CAC 40 -0.1%
  • UK FTSE -0.1%
  • Spain IBEX -0.3%
At the same time, we're seeing bond yields inch a little lower to star the session and that is feeding into some mildly softer tones with EUR/CHF slipping to 1.0758 currently.

It is all about the anticipation ahead of the trade deal signing and markets are looking a bit anxious - especially on the details and how the deal will be enforced/implemented.

I don't think this is signalling any heavy pessimism just yet but there is certainly some justification to be a fair bit more cautious.

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