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European equities open a little higher to start the day

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Risk keeps steadier to start the session

  • Eurostoxx +0.3%
  • Germany DAX +0.2%
  • France CAC 40 +0.3%
  • UK FTSE +0.4%
  • Spain IBEX +0.3%

The market is keeping a steadier tone as we get things going in European trading, with US futures little changed in general. S&P 500 futures are flat while 10-year Treasury yields are up 2 bps to 1.317% currently.

I reckon we may see this keep the course until we get to the US retail sales data later today.

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