European equities hold higher at the open today | Forexlive

• Eurostoxx +0.4%
• Germany DAX +0.4%
• France CAC 40 +0.5%
• UK FTSE +1.5%
• Spain IBEX +0.3%

The mood music in equities is fairly positive so far to start the new week. It seems like the heavy selling is abating towards month-end but I’d still reserve some caution as it has been an ugly August for stocks. For now, US futures are holding slightly higher and that is helping too with S&P 500 futures up 10 points, or 0.24%, on the day. Meanwhile, Treasury yields are lower with 10-year yields down 2.6 bps to 4.186%.