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.

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.