Eurostoxx futures +0.5% in early European trading

Author: Justin Low | Category: News

Decent gains seen in early trades

  • German DAX futures +0.5%
  • French CAC 40 futures +0.6%
  • UK FTSE futures +0.5%
Some positive tones seen here but of note do be reminded that European stocks closed Friday lower, missing out on the latter half of the US recovery once again. Hence, I wouldn't call this a notable shift towards a risk-on move just yet.

But the sentiment here should continue to see USD/JPY stay underpinned as we start the morning.

Meanwhile, Chinese stocks close the day with solid gains after a week-long break with the Shanghai Composite up 1.4% and the CSI 300 index up 1.8%.

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