Technical Analysis

European equities open higher to start the day

  • Eurostoxx +0.6%
  • Germany DAX +0.6%
  • France CAC 40 +0.3%
  • UK FTSE +0.2%
  • Spain IBEX +0.6%

This comes off the back of a modest showing on Friday and builds on the late gains from Wall Street at the end of last week. The overall risk mood is holding up today, with S&P 500 futures seen up 5 points, or 0.13%, currently. If anything else, watch out for the combo between a potential breakout in equities and a potential breakdown in the dollar.

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