Slightly better mood in early trades

  • German DAX futures +0.7%
  • French CAC 40 futures +0.5%
  • UK FTSE futures +0.5%

This largely reflects the mood in US futures, which raced higher by close to 0.8% moments ago before tailing off a little to around 0.5% gains now.

Despite the slightly better mood, I would say the market is still treading with caution with oil market jitters still persisting among other things that are impacting risk right now.

E-minis 22-04