Optimistic tones in early trades as the positive risk mood spreads to Europe
- French CAC 40 futures +0.4%
- UK FTSE futures +0.5%
- Spanish IBEX futures +0.5%
This mirrors sentiment seen in US equity futures which are up by about 0.3% to begin the session. The positive risk mood comes as Trump indefinitely suspends tariffs against Mexico in an announcement over the weekend.
Do be reminded that some markets are closed in Europe today, with the DAX not trading in observance of Whit Monday. Hence, thinner liquidity conditions may prevail in the session ahead before North American traders join in the fray.
