The more positive tone reverberates to Europe in early trades
- German DAX futures +0.6%
- French CAC 40 futures +0.5%
- UK FTSE futures +0.7%
This largely mirrors the more positive mood seen in US futures, which are up by ~0.7% currently. The market continues to view that fears of the coronavirus outbreak are receding and that is also helping to push bond yields and yen pairs higher so far today.