S&P 500 futures up just over 1%
The overall risk climate remains in a more positive territory as we turn to North American trade, European equities having also reversed losses earlier to sit slightly higher for the most part.
The DAX is traded 0.4% at the approach of noon in London.
Elsewhere, yields on treasury bills remain within a narrower range and have changed little so far.
In the currency space, the above risk mood always leads the dollar to weaken against the aussie, kiwi, loonie and euro. The franc is also a notable winner over the session, as the EUR / CHF fell below 1.0600 amid concerns over the EU recovery fund.
As the title of yesterday’s vaccine shows, titer risks are still an important factor in stimulating sentiment in the market. Buyers of dips seem to dismiss late pessimism for the moment, but let’s see if they can spend the day unharmed later.
For the S&P 500 Index itself, keep an eye on key daily moving averages as investors seek to start the session by wiping out yesterday’s losses.