A slight positive tone at the open for the cash equity market

  • Eurostoxx +0.2%
  • Germany DAX +0.3%
  • France CAC 40 +0.2%
  • UK FTSE +0.3%
  • Spain IBEX opens flat
  • Italy FTSE MIB +0.4%

Very much a similar tone to how futures traded earlier, which took a cue from the performance of Asian stocks for the most part. US equity futures are basically flat on the day now and risk sentiment will very much be muted for the most part as markets will be awaiting the release of US CPI data before reaffirming any positive/negative move.