European indices hold higher to start the day
- Eurostoxx +0.7%
- Germany DAX +0.4%
- France CAC 40 +1.0%
- UK FTSE flat
- Spain IBEX +0.1%
- Italy FTSE MIB +0.4%
The cautious optimism holds as we look to get things underway on the session. In FX, we have seen the dollar give back a chunk of its gains though. That as traders are still largely digesting how things will play out on Trump's tariffs from hereon. USD/JPY is up 0.4% to 145.40 but off the 146.00 mark in the past hour. S&P 500 futures are up 1.4%, with tech shares in particular looking buoyed after Nvidia's earnings beat once again.