Eurostoxx futures +0.4% in early European trading

A positive catch up to the late recovery in Wall Street yesterday

German DAX futures +0.3%
UK FTSE futures +0.2%

This owes much to the late bounce in US stocks yesterday, which came after the European close. The overall market mood is more tentative today with S&P 500 futures seen down 7 points, or 0.2%, currently. However, bond yields are lower on the day and that is keeping the dollar slightly offered ahead of European trading.