European equities open higher to start the day
The risk-on vibes carry over to Europe
- Eurostoxx +0.6%
- Germany DAX +0.6%
- France CAC 40 +0.5%
- UK FTSE +0.6%
- Spain IBEX +0.8%
A solid start as the market keeps a more positive risk push to get the session underway. 10-year Treasury yields are up 2.5 bps to 1.109% and the overall mood is continuing to pin the dollar and yen lower in the major currencies space.
EUR/USD has climbed back above 1.2100 to a session high of 1.2115, nearing a test of its 100-hour moving average @ 1.2118 currently.