Eurostoxx futures +0.3% in early European trading

German DAX futures +0.3%UK FTSE futures +0.5%UK stocks in particular look buoyed as the poor retail sales data perhaps highlights an urgency for the BOE to start loosening monetary policy. Besides that, the gains aren't much although S&P 500 futures are seen up 0.1% currently. However, do keep an eye out on the bond market as that could still come back to bite at broader sentiment in the session(s) ahead. This article was written by Justin Low at www.forexlive.com.

Jan 19, 2024 - 14:15
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Eurostoxx futures +0.3% in early European trading
  • German DAX futures +0.3%
  • UK FTSE futures +0.5%

UK stocks in particular look buoyed as the poor retail sales data perhaps highlights an urgency for the BOE to start loosening monetary policy. Besides that, the gains aren't much although S&P 500 futures are seen up 0.1% currently. However, do keep an eye out on the bond market as that could still come back to bite at broader sentiment in the session(s) ahead.

This article was written by Justin Low at www.forexlive.com.
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