Eurostoxx futures +0.1% in early European trading

Cautious optimism seen in early trades

• German DAX futures +0.2%
• French CAC 40 futures +0.1%
• UK FTSE futures +0.2%

This very much mirrors sentiment seen in US equity futures, which are trading up by around 0.15% currently. It'll be yet another key day for earnings with Intel and Amazon due to report so expect that and US durable goods orders data to drive risk sentiment in the sessions to come. For now, I would expect the cautious tones to keep USD/JPY around the 112.00 handle in European morning trade.