The more positive vibes carry over to Europe in early trades
- German DAX futures +0.4%
- French CAC 40 futures +0.3%
- UK FTSE futures +0.2%
This mainly mirrors sentiment seen in US equity futures, which are up by about 0.3% as we begin the session. Markets are feeling a bit more upbeat on US-China trade talks but the catch here is that we'll have to wait until the weekend to find out how things go between Trump and Xi in Osaka.
As such, I reckon markets will still be exude some hints of caution as we look to wrap up the week over the next two days so don't hold your breath if you're counting on a risk-on rally before the weekend - barring any major headlines to come before then that is.