It looked like it was going to be a relatively poor month for European stocks but the losses have been trimmed considerably since the rebound last week. In fact, the DAX is already now sitting higher on the month. Meanwhile, at least the French, Spanish, and Italian benchmark indices have cut losses to under 1% heading into the final day. Risk sentiment today remains buoyed with S&P 500 futures also seen up 0.4% currently.

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

 
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