European indices hold lower at the open as risk keeps more cautious ...0

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European indices hold lower at the open as risk keeps more cautious
Eurostoxx -0.4%Germany DAX -0.4%France CAC 40 -0.4%UK FTSE -0.1%Spain IBEX -0.1%Italy FTSE MIB -0.1%

The selling continues as we get into the final stretch of the week, with US futures also keeping lower on the day. S&P 500 futures are now down 0.3% as risk remains on the defensive. 10-year yields in the US are down 4.6 bps to 4.322% and that is also weighing on USD/JPY with the pair now down 0.4% to 150.40 on the day.

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

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