Risk keeps steadier to start the session
- Eurostoxx +0.3%
- Germany DAX +0.2%
- France CAC 40 +0.3%
- UK FTSE +0.4%
- Spain IBEX +0.3%
The market is keeping a steadier tone as we get things going in European trading, with US futures little changed in general. S&P 500 futures are flat while 10-year Treasury yields are up 2 bps to 1.317% currently.
I reckon we may see this keep the course until we get to the US retail sales data later today.