> European equities open lower to kick start the day

European equities open lower to kick start the day

Softer tones after the BOJ adjusted its yield curve control program

Tuesday, 20/12/2022 | 08:05 GMT

Eurostoxx -0.7%
Germany DAX -0.7%
France CAC 40 -0.8%
UK FTSE -0.6%
Spain IBEX -0.7%

This mirrors the drop seen in US futures, with S&P 500 futures seen down 26 points, or 0.7%, currently. Nasdaq futures are also down 0.7% while Dow futures are down 0.4% so far on the day. Despite Kuroda's efforts to push back against the perception that this could be a change in policy stance, the market response is to brush it off for the most part.