European equities hold higher to kick start the day

Forex Short News
  • Eurostoxx +0.5%
  • Germany DAX +0.6%
  • France CAC 40 +0.4%
  • UK FTSE +0.4%
  • Spain IBEX +0.3%
  • Italy FTSE MIB +0.2%

Besides the added optimism from the rebound in Wall Street, the EU also reaffirmed that they will be pausing trade countermeasures against the US for six months. So, that’s some added confirmation relief if anything else. However, the more positive mood in US equities in brushing aside the Friday drop is definitely helping. S&P 500 futures are also seen up 0.3% currently.

This article was written by Justin Low at investinglive.com.