Forex News June 7, 2022

 

Equities

European equities open lower to begin the day. Stocks are on the defensive as the session begins

Eurostoxx -0.4%, Germany DAX -0.6%, France CAC 40 -0.4%, UK FTSE flat & Spain IBEX -0.3%

Europe has had a softer start to the day, owing to weaker sentiment from US trading yesterday.

The gloomy mood is exacerbated today by a drag in US futures.

S&P 500 futures are currently down 0.5 percent, Nasdaq futures are down 0.8 percent, and Dow futures are down 0.4 percent.

As a result, the dollar is starting the day on a slightly stronger footing.

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