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European indices open barely decrease to kick begin the day

  • Eurostoxx -0.3%
  • Germany DAX -0.2%
  • France CAC 40 -0.4%
  • UK FTSE flat
  • Spain IBEX -0.2%
  • Italy FTSE MIB -0.2%

It’s almost a similar profile to what we saw yesterday, with markets taking on a more cautious approach after the selloff earlier in the week. The turn in sentiment yesterday came when Wall Street entered the fray and investors will be looking to that again to see if that will be the case today. If anything, do keep an eye out on the bond market with 10-year Treasury yields having touched one-month highs of 4.16% yesterday. That could be something to be wary about if the bond vigilantes decide to mark their return more prominently.

This article was written by Justin Low at investinglive.com.

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