European equities keep up the good mood to start the day

Forex Short News
  • Eurostoxx +0.3%
  • Germany DAX +0.4%
  • France CAC 40 +0.3%
  • UK FTSE +0.7%
  • Spain IBEX +0.1%
  • Italy FTSE MIB +0.2%

As the EU closes in on a makeshift deal with the US to extend negotiations while holding the baseline 10% tariffs, that’s allowing for European indices to keep a more buoyant mood. US futures are less enthusiastic in following up yesterday’s gains though. S&P 500 futures are down 0.3% after tech shares led gains overnight, with Nvidia’s market cap clipping $4 trillion – the first time a company has ever done that.

This article was written by Justin Low at www.forexlive.com.