European equities open barely decrease to kick begin the day

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

S&P 500 futures are now down 0.3%, with Nasdaq futures down 0.7% and Dow futures down 0.1%. Meanwhile, 10-year Treasury yields are down 3.3 bps to 3.700% and that’s weighing further on USD/JPY as well. The pair is now down 0.8% to 142.30 on the day, threatening a potential drop below the August low – similar to 10-year yields.

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

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