A more positive tone in early trades

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

This mirrors the optimism in US futures, with S&P 500 futures up 0.4% and Nasdaq futures up 0.7% to start the session. In turn, this is pinning the dollar slightly weaker with risk currencies a tad higher and recouping some of last Friday's losses.