European equities open higher to start the day

  • Eurostoxx +0.7%
  • Germany DAX +1.0%
  • France CAC 40 +0.6%
  • UK FTSE +0.5%
  • Spain IBEX +0.9%

After a bit more of a tentative start to the day, equities are turning more positive now with S&P 500 futures seen up 17 points, or 0.4%, on the day. This is keeping commodity currencies more buoyed as we start the session with AUD/USD up 0.6% to 0.6950 – pushing past its 100-hour moving average at 0.6940. Meanwhile, USD/CAD is down by 0.3% to fresh lows of the day at 1.2896.

James Rogers

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