Mild positive tones observed in early trades
- German DAX futures +0.2%
- French CAC 40 futures +0.2%
- UK FTSE futures +0.2%
This mainly mirrors the sentiment seen in US equity futures, which are also holding around 0.2% higher on the day so far. But with key earnings releases still to come and bonds looking less enthused, it's hard to see this translating into any risk-on mood just yet.
Let's see if things will change as we go through the European morning. For now, currencies remain rangebound and USD/JPY continues to hold just under the 112.00 handle.