Eurostoxx futures +0.2% in early European trading
Slightly positive tones in early trades
- German DAX futures +0.2%
- UK FTSE futures +0.3%
- Spanish IBEX futures +0.4%
European indices had a more subdued session yesterday despite US stocks keeping flatter at the end. There is a mild rebound today with US futures keeping more mixed with S&P 500 futures and Nasdaq futures up 0.1% while Dow futures are down 0.1%.
Overall risk sentiment remains more sidelined as we await the FOMC meeting.
But Treasury yields are keeping higher once again, with 10-year yields up nearly 2 bps to 1.638% as we get things underway on the session.