European indices bounce back at the open to start the day

• Eurostoxx +0.9%
• Germany DAX +1.0%
• France CAC 40 +0.8%
• UK FTSE +1.0%
• Spain IBEX +0.7%
• Italy FTSE MIB +0.9%

This follows the late resurgence in US indices yesterday, which saw the Dow close up by 1% higher and S&P 500 up by 0.5%. For now, US futures are also creeping higher with S&P 500 futures now up 0.1%. That’s a much better showing from earlier, with futures down around 0.3% in the handover from Asia.

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