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European & FTSE Firmer Into Cash Open

EQUITIES

The post-10-Year Tsy auction move lower in U.S. yields and late Tuesday move off wides in EGB spreads provides some upward impetus for equity futures ahead of the European & London cash opens, with the Euro Stoxx 50 contract +0.45% and the FTSE 100 equivalent +0.55%. Both remain comfortably within yesterday’s ranges.

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The post-10-Year Tsy auction move lower in U.S. yields and late Tuesday move off wides in EGB spreads provides some upward impetus for equity futures ahead of the European & London cash opens, with the Euro Stoxx 50 contract +0.45% and the FTSE 100 equivalent +0.55%. Both remain comfortably within yesterday’s ranges.