European sentiment has been somewhat bolstered by news that Greek creditors believe the country is making progress on meeting their bailout terms. The WSJ reports that Spanish Finance Minister De Guidos said Spain is in no rush to request an EU bailout and can afford to wait until more information regarding a possible EU assistance programme comes to light. European equity futures are looking around 30bps better, whilst the Euro is trading slightly higher after trading as high as 1.244 earlier in the session.

 

Posted by Philip Ball | Sales and Trading