European equities slump at the open | Forexlive

• Eurostoxx -1.0%
• Germany DAX -0.9%
• France CAC 40 -0.9%
• UK FTSE -0.8%
• Spain IBEX -1.1%

Markets are still digesting the post-Fed narrative but so far, the takeaway is that the hawkish undertone isn’t going anywhere. The dollar is up alongside bond yields today and equities are being pinned down. S&P 500 futures are down 2 points, or 0.1%, for now but I don’t think it’ll take much to really rattle sentiment before the weekend comes along – especially if we get a hot US jobs report tomorrow.