> European equities off to a good start today in catch up play

European equities off to a good start today in catch up play

Modest gains as Europe plays catch up to the Wall Street rise overnight

Thursday, 18/05/2023 | 07:27 GMT

Eurostoxx +0.8%
Germany DAX +0.9%
France CAC 40 +0.8%
UK FTSE +0.5%
Spain IBEX +0.4%

The positive jump sees the DAX open at fresh highs since January and is closing in on its record highs at 16,285-90 at the moment. Looking at the broader picture, the overall mood is more tentative with US futures sitting little changed at the moment. In FX, the dollar remains in a good spot to start the session as it has so far this week.