Risk tones fare better ahead of European trading

The news here is helping to provide some relief to markets on the day, provided that we don't see a Russian invasion before Blinken and Lavrov meet late next week. In any case, market participants are taking that as a sign of hope at least. Risk trades are faring better as such with stock futures Futures Futures or a futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specified time in the future. Of note, the parties are not known to each other.These transactions usually involve commodities or other securities involving the buying and selling for a forward or predetermined price.Futures also adhere to a delivery date, which specifies the date of delivery and payment. Relative to other forms of investing futures are much more complex, as Futures or a futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specified time in the future. Of note, the parties are not known to each other.These transactions usually involve commodities or other securities involving the buying and selling for a forward or predetermined price.Futures also adhere to a delivery date, which specifies the date of delivery and payment. Relative to other forms of investing futures are much more complex, as Read this Term pointing higher on the day.

S&P 500 futures are up 0.7%, Nasdaq futures up 0.8%, and Dow futures up 0.6% - clawing back some losses from yesterday.

Elsewhere, 10-year Treasury yields are also up slightly by 1.2 bps to 1.985% currently.

Meanwhile, in the FX space, the aussie and kiwi are mildly higher while the yen is the laggard as USD/JPY trades back above 115.00 to 115.20. AUD/USD is up 0.2% to near 0.7200 and NZD/USD up 0.3% to just above 0.6700 at the moment.