European equities sink lower at the open today
Eurostoxx -1.3%Germany DAX -1.2%France CAC 40 -1.4%UK FTSE -1.4%Spain IBEX -1.1%Italy FTSE MIB -0.9%It's a rough one as the overall risk mood remains on the defensive following the losses this week. S&P 500 futures are down 0.5% on the day with bond yields keeping a little higher to start the session. The hotter-than-expected UK inflation data here is a factor at play, helping to see the pound also reverse higher against the dollar. This article was written by Justin Low at www.forexlive.com.
- Eurostoxx -1.3%
- Germany DAX -1.2%
- France CAC 40 -1.4%
- UK FTSE -1.4%
- Spain IBEX -1.1%
- Italy FTSE MIB -0.9%
It's a rough one as the overall risk mood remains on the defensive following the losses this week. S&P 500 futures are down 0.5% on the day with bond yields keeping a little higher to start the session. The hotter-than-expected UK inflation data here is a factor at play, helping to see the pound also reverse higher against the dollar.
This article was written by Justin Low at www.forexlive.com.