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European equities open higher to kick start the day

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Risk keeps in a better spot to start the session

  • Eurostoxx +0.5%
  • Germany DAX +1.0%
  • France CAC 40 +0.5%
  • UK FTSE +0.5%
  • Spain IBEX +0.7%

Of note, the Stoxx 600 is trading up to a record high as there is no keeping equities down for the time being. The momentum builds on the gains from US equities yesterday, which saw the Nasdaq turn around a 1% loss and the Dow closing at a record level.

US futures are also steadier this morning, with S&P 500 futures, Nasdaq futures, and Dow futures all seen up 0.1% currently. I would expect things to keep relatively steady until we get to the non-farm payrolls release.

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