Not much change at the open as optimistic tones begin to wear out

  • Eurostoxx +0.1%
  • Germany DAX opens flat
  • French CAC 40 +0.1%
  • UK FTSE +0.3%
  • Spain IBEX +0.1%
  • Italy FTSE MIB +0.2%

US equity futures are also trading near flat levels now and that's not really helping to breathe life into European equities following the gains seen in Asian trading. That said, it's not going to take away from gains seen in the aussie and kiwi but the mood here isn't going to inspire a risk-on wave across markets just yet.