European equities open higher as the good start to the new year continues

• Eurostoxx +1.1%
• Germany DAX +0.2%
• France CAC 40 +1.5%
• UK FTSE +0.6%
• Spain IBEX +0.4%
• Italy FTSE MIB +0.7%

Because the DAX opens at a contemporary report excessive, the CAC 40 can also be at its highest for the reason that finish of October. After discovering a double backside close to 7,100, the French benchmark index seems to be poised for a check of its 200-day transferring common for the primary time for the reason that finish of September close to 7,600. The extra constructive temper comes as US futures are additionally buoyed with S&P 500 futures seen up 0.4% presently.

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



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