European equities open lower to start the day

  • Eurostoxx -0.1%
  • Germany DAX -0.4%
  • France CAC 40 -0.2%
  • UK FTSE -0.3%
  • Spain IBEX -0.3%

Regional stocks remain on the defensive as soaring energy prices have cast a grim outlook on things ahead of the winter months. Overall risk sentiment on the day remains rather sluggish as well with US futures seen down 0.1% currently. In FX, the dollar is slightly firmer but gains are nothing too significant as the session gets underway.

Michael Cooper

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