European equities open lower to start the day | Forexlive

• Eurostoxx -0.5%
• Germany DAX -0.4%
• France CAC 40 -0.5%
• UK FTSE -0.4%
• Spain IBEX -0.4%

This is but a slight dent to the stunning rally since the start of the year for European equities. There is a bit of a split in terms overall sentiment when viewing European stocks and US stocks now but they will still follow the general mood if there are bigger factors at play – similar to the one yesterday. The drop today is a bit of a catch up to Wall Street’s losses but it also comes as US futures are slightly lower and bonds being more bid i.e. a more classic risk-off look and feel.