A more upbeat tone after the setback yesterday
- German DAX futures +0.6%
- French CAC 40 futures +0.5%
- UK FTSE futures +0.4%
This mirrors the tone seen in US futures, which are up by ~0.6% currently. The market is exuding more calm to start the session but just keep in mind that the battle for risk is still ongoing amid concerns surrounding the coronavirus outbreak situation.
I reckon it is going to be a key theme for markets this week but unless we see more drastic escalation - in mortality rates or actions being taken - then perhaps fears will start to peter out and "normality" will resume again.
