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European indices observe a calmer mood at the open today

  • Eurostoxx +0.1%
  • Germany DAX +0.2%
  • France CAC 40 +0.1%
  • UK FTSE -0.3%
  • Spain IBEX -0.1%
  • Italy FTSE MIB flat

The opening changes are light as there is still some caution to be heeded. The additional 10% tariffs on China has gone into effect and we’ve seen Beijing retaliate with some counter-tariffs. It’ll be interesting to see how discussions will go between Trump and Xi in the week ahead. Elsewhere, S&P 500 futures are down 0.1% with the dollar holding a slight advance across the board on the day.

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

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