European indices mostly lower to kick start the day ...Middle East

Eurostoxx -0.3%Germany DAX +0.1%France CAC 40 -0.5%UK FTSE -0.7%Spain IBEX -0.5%Italy FTSE MIB -0.4%

The drop here offsets the gains from yesterday, though the broader market mood is looking a little more positive today. There's a slight bounce in US futures with S&P 500 futures seen up 0.9% at the moment. That is helping to preserve a calmer tone with the dollar also recovering some ground to start the session.

This article was written by Justin Low at www.forexlive.com.

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