Eurostoxx futures +0.6% at the start of the European session

  • German DAX futures +0.5%
  • FTSE UK Futures +0.3%

The gains here are partly a catch-up to the late rally in US stocks on Friday, having been beaten after the hot NFP data. The narrative for stocks now is that bad news is good news; vice versa. The underlying mood of the market today is more tepid, however, with US futures remaining fairly flat as we look to enter European trade.


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