European stocks were mostly little changed at the open

  • Eurostoxx +0.1%
  • DAX Germany +0.4%
  • France CAC 40 +0.2%
  • British FTSE apartment
  • IBEX Spain +0.1%

It also reflects the more nonchalant mood in US futures, with S&P 500 futures up 0.1%.

Treasury yields were also little changed overall, given the magnitude of the move in recent days. 10-year yields are up 0.7bps at 2.348% currently. In the FX market, the dollar is mixed as it holds slightly lower against the euro with EUR/USD at 1.1010 and USD/JPY down 0.6% at 121.60 . Although it keeps a slight lead against the Pound, Aussie and Kiwi but nothing too noticeable.


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