European equities on more positive footing to start the day
<ul><li>Eurostoxx +0.6%</li><li>Germany DAX +0.9%</li><li>France CAC 40 +0.4%</li><li>UK FTSE +0.6%</li><li>Spain IBEX +0.6%</li><li>Italy FTSE MIB +0.3%</li></ul><p>It's a positive start no doubt, with US futures also rising to the highs for the day. S&P 500 futures are up 0.4% with Nasdaq futures up 0.6% and Dow futures up 0.2% currently. Tech shares are still leading the charge in that lieu, after Netflix posted a revenue beat and surging subscriber count in Q4 earnings. As for the broader risk story, China's RRR cut announcement <a href="https://www.forexlive.com/centralbank/pboc-to-cut-reserve-requirement-ratio-from-5-february-20240124/" target="_blank" rel="follow">here</a> is helping with that a fair bit.</p>
This article was written by Justin Low at www.forexlive.com.
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