Eurostoxx futures +0.1% in early European trading ...Middle East

German DAX futures +0.2%French CAC 40 futures flatUK FTSE futures -0.1%

The more enthusiastic news involving US and China is being contained as we look towards the start of European trading at least. S&P 500 futures have also halved gains to be up just 0.5% currently. Meanwhile, the dollar has also pared the majority of its gains on the day. EUR/USD is now flat at 1.1363 with GBP/USD likewise at 1.3356. USD/JPY is still holding up though, seen at 143.05 - up 0.4% on the day.

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

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