European equities kick start the day on a more positive footing

• Eurostoxx +0.4%
• Germany DAX +0.2%
• France CAC 40 +0.4%
• UK FTSE +0.4%
• Spain IBEX +0.6%
• Italy FTSE MIB +0.3%

European indices saw gains yesterday tempered after the retreat in stocks in US trading. That ultimately resulted in Wall Street closing lower but the mood today is a better one with S&P 500 futures seen up 0.4%. We’ll see if that can last but in any case, the bounce here is still a mild one after the heavy selling so far this month.

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