European equities open higher to start the day

Author: Justin Low | Category: News

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%
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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.

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