European equities kick start the day on a firmer note

European indices keep higher to start the session

  • Eurostoxx +0.6%
  • Germany DAX +0.7%
  • France CAC 40 +0.5%
  • UK FTSE +0.7%
  • Spain IBEX +0.9%

This builds on the more positive risk mood since Asian trading, with US futures also holding modestly higher on the day. S&P 500 futures are up 0.4%, Nasdaq futures up 0.4%, and Dow futures up 0.3% to get the session underway.

USD/JPY is also extending higher as Treasury yields steepen, with the pair now up to 109.40 as 10-year yields rise by 1.7 bps to 1.65% on the day.

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