Slightly better tones in early trades

  • German DAX futures +0.5%
  • UK FTSE futures +0.6%
  • Spanish IBEX futures +0.4%

The optimism from Asia flows through to Europe as the mood matches with that seen in US futures so far today. S&P 500 futures are holding higher by 0.5% while Nasdaq futures are up 0.7% as we get things underway.

Major currencies are still keeping little changed as most dollar pairs are still trading within 0.1% of one another, with only USD/JPY a touch higher closer to 106.90 for now.