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European indices hold higher to start the day

  • Eurostoxx +0.7%
  • Germany DAX +0.4%
  • France CAC 40 +1.0%
  • UK FTSE flat
  • Spain IBEX +0.1%
  • Italy FTSE MIB +0.4%

The cautious optimism holds as we look to get things underway on the session. In FX, we have seen the dollar give back a chunk of its gains though. That as traders are still largely digesting how things will play out on Trump’s tariffs from hereon. USD/JPY is up 0.4% to 145.40 but off the 146.00 mark in the past hour. S&P 500 futures are up 1.4%, with tech shares in particular looking buoyed after Nvidia’s earnings beat once again.

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

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