Thursday, January 21, 2021

European equities open decrease to begin the day

A softer begin to the brand new week in Europe

  • Eurostoxx -0.3%
  • Germany DAX -0.6%
  • France CAC 40 -0.4%
  • UK FTSE -0.2%
  • Spain IBEX -0.5%

A slight retreat following the beneficial properties within the latter levels of final week, with US futures additionally pointing to a slight decline in the meanwhile. S&P 500 futures are down 21 factors or 0.5% as we get issues going right here on the session.

Elsewhere, 10-year Treasury yields are down 1.2 bps to 1.104% presently.

The general softer temper helps to maintain a bid within the greenback to date on the day as we see EUR/USD preserve 0.3% decrease at 1.2185 and AUD/USD down 0.6% to 0.7710. That stated, each are off earlier lows however not likely displaying a cloth bounce both.

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