European equities open lower to kick start the day

  • The equities mood remains subdued for now
  • Eurostoxx -0.4%
  • Germany DAX -0.4%
  • France CAC 40 -0.4%
  • UK FTSE -0.1%
  • Spain IBEX -0.2%
  • Italy FTSE MIB -0.4%

S&P 500 futures are flat on the day so far but as yields continue to hold higher, that will be a struggling point for equities to stay afloat - as we saw yesterday. In FX, the dollar is keeping slightly underpinned for now, with the aussie lagging after the RBA kept the cash rate unchanged earlier here.

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