European indices see opening gains fall flat on the session

News
  • Eurostoxx -0.2%
  • Germany DAX -0.1%
  • France CAC 40 -0.5%
  • UK FTSE +0.1%
  • Spain IBEX +0.4%
  • Italy FTSE MIB -0.4%

As mentioned earlier, sentiment sits on a knife’s edge and we are starting to see some nervousness creep into trading today. European indices have seen early gains wiped out for the most part and it is making for a bit of a troubling picture as we start to count down to the Wall Street open later.

US futures have also tracked lower from the highs early on in European morning trade. S&P 500 futures were up by 55 points at one stage, only to be up by 17 points (+0.4%) currently:

SPX

The retreat in risk appetite has also seen the aussie and kiwi pare back their earlier gains against the dollar for the most part. AUD/USD is now at 0.6930 from a high of 0.6970 earlier while NZD/USD is down to 0.6255 from 0.6290 earlier in the day.

Articles You May Like

NZDUSD Technical Analysis – The lack of catalysts keeps the market rangebound
​Federal Bank, Coforge among 6 small & midcap stocks that hit 52-week highs on Tuesday
Yen Rebounds on Ueda’s Openness; Euro Starting to Break Down
Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king
Gold price scales higher for the fourth straight day on rising geopolitical tensions

Leave a Reply

Your email address will not be published. Required fields are marked *