> European equities look to bounce back in the new day

European equities look to bounce back in the new day

But there is still the prospect of the ECB looming later in the session

Thursday, 27/07/2023 | 07:06 GMT

Eurostoxx +0.5%
Germany DAX +0.1%
France CAC 40 +0.6%
UK FTSE +0.1%
Spain IBEX +0.5%

French stocks were the laggard yesterday amid a slump in luxury stocks but are hoping to recover some poise today. Tech shares are leading the way, as seen with Nasdaq futures being up 0.7% and S&P 500 futures up 0.3% currently. Meanwhile, Dow futures are flat. For European equities, the ECB is a key risk event to watch but if they deliver as expected, is likely to be a supportive factor in my view.