E-minis are up by about 0.4% on the session
Asian equities are also posting decent gains near the highs for the day currently with the Nikkei up by 2.1% and the Hang Seng index up by 1.6% currently. It's setting up for a decent start as we head into European trading later.
US equities failed to capitalise on positive headlines from China overnight but Trump's earlier comments on trade here and taking a bit of a snipe at the Fed here, are helping to prop up risk sentiment on the day.
In the currencies space, it's a bit of a quiet start to proceedings with the aussie and kiwi posting mild gains as a result. Yen pairs are also holding up well on the day on the back of the sentiment here and also as Treasury yields are holding steady so far. 10-year yields are up by 0.4 bps to 2.883% currently.
The session ahead promises little for changes to risk sentiment barring any major headlines to come from China on the trade front that is. For today, the focus will turn towards the US November CPI data to be released at 1330 GMT as it will once again act as another key point for markets to analyse ahead of the FOMC meeting next week.
