European indices open larger seeking persevering with the rebound this week

• Eurostoxx +0.3%
• Germany DAX +0.5%
• France CAC 40 +0.2%
• UK FTSE +0.2%
• Spain IBEX +0.2%
• Italy FTSE MIB +0.4%

German stocks are leading the charge ahead of the vote on the debt package in parliament later. US futures are down on the day but at least off earlier lows, with S&P 500 futures seen down 0.2% or 10 points currently. Overall, the risk mood is tentative but there are some early signs of a bounce and that is helping with the broader market mood. EUR/USD is now up to 1.0935 and USD/JPY to 149.90 on the day.

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