<p style=““ class=“text-align-justify“>A glance at the major indices in Europe shows that:</p><ul><li>Eurostoxx +0.2%</li><li>Germany DAX +0.2%</li><li>France CAC 40 +0.2%</li><li>UK FTSE +0.4%</li><li>Spain IBEX +0.3%</li></ul><p style=““ class=“text-align-justify“>This comes as S&P 500 futures are marginally positive, up 3 points, or 0.1%, on the day currently. Overall, risk sentiment is holding up and finding some bit-part relief following the selloff from last week. That said, the technical outlook remains on the ropes as pointed out earlier <a target=“_blank“ href=“https://www.forexlive.com/news/a-bit-of-relief-for-equities-but-the-coast-is-not-clear-just-yet-20221222/“ target=“_blank“ rel=“follow“>here</a>.</p><p style=““ class=“text-align-justify“>Elsewhere, a retreat in 10-year Japan government bond yields to 0.41% is pinning Treasury yields lower as well. In turn, the greenback is slightly lower across the board. USD/JPY is down 0.4% to just below 132.00 while GBP/USD is keeping a slight bounce just above its 200-day moving average of 1.2078 to trade around 1.2090 currently.</p>

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