Calmer tones observed with a recovery fund compromise in sight

  • German DAX futures +0.1%
  • UK FTSE futures +0.1%
  • Spanish IBEX futures flat

The spot to watch for European equities today will be on negotiations in Brussels on the recovery fund, with a compromise likely to be struck later in the day.

The hopes for such a move is also seeing the euro rise to its highest level since March against the dollar, with EUR/USD now up to 1.1467.