- S&P 500 futures +0.4%
- Nasdaq futures +0.5%
- Dow futures +0.4%
- Eurostoxx +1.1%
- Germany DAX +1.1%
- France CAC 40 +1.0%
- UK FTSE +0.6%
Equities are discovering a modest uptick now in European buying and selling, with regional indices pushing positive factors in direction of 1% whereas US futures are additionally seen rising to the highs for the day with S&P 500 futures being up 17 factors, or 0.4%, presently.
There’s not a lot when it comes to a catalyst for the transfer however it’s offering some urge for food for the greenback to melt barely. Maybe that is one that’s more technical-related?
In any case, simply be cautious that bond yields are additionally shifting larger on the similar time. Sometimes as of late, yields have a tendency to maneuver decrease in corroborating with a extra optimistic search for broader market sentiment. 10-year Treasury yields are up 4.3 bps to three.815% in order that could be one thing to maintain the optimism in test.