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European equities kick start the day on a softer note

March 19, 2021 by admin 0 Comments

Europe has some catching up to do

Eurostoxx -0.4%
Germany DAX -0.6%
France CAC 40 -0.4%
UK FTSE -0.9%
Spain IBEX -0.9%

This comes after European indices closed higher yesterday, “missing out” on the late selloff in US equities. Hence, there is some catching up to do to the declines overnight.

That aside, the overall risk mood is keeping in a better spot than when it was in Asia Pacific trading. Treasury yields are keeping lower and that is helping to provide a slight lift in US futures, with S&P 500 futures up 0.3% and Nasdaq futures up 0.6%.

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This article was originally published by Forexlive.com. Read the original article here.